What is the reasoning behind having the probability increase each time? It might be more interesting if the probability stayed at 5% each time. Because now you might get the conclusion “only once the odds are significantly high, say at 15%, should we start worrying”.
What is the reasoning behind having the probability increase each time? It might be more interesting if the probability stayed at 5% each time. Because now you might get the conclusion “only once the odds are significantly high, say at 15%, should we start worrying”.
Great point! I didn’t give it much thought, honestly. I think you’re right and saying 5% each time is better. Gonna update it now.
Thanks for the suggestion!