“There is a part of me which finds the outcome (a 30 to 40% success rate) intuitively disappointing”
Not only do I somewhat disagree with this conclusion, but I don’t think this is the right way to frame it. If we discard the “Very little information” group, then there’s basically a three-way tie between “surprisingly successful”, “unsurprisingly successful”, and “surprisingly unsuccessful”. If a similar amount of grants are surprisingly successful and surprisingly unsuccessful, the main takeaway to me is good calibration about how successful funded grants are likely to be.
“There is a part of me which finds the outcome (a 30 to 40% success rate) intuitively disappointing”
Not only do I somewhat disagree with this conclusion, but I don’t think this is the right way to frame it. If we discard the “Very little information” group, then there’s basically a three-way tie between “surprisingly successful”, “unsurprisingly successful”, and “surprisingly unsuccessful”. If a similar amount of grants are surprisingly successful and surprisingly unsuccessful, the main takeaway to me is good calibration about how successful funded grants are likely to be.