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by fddr
1302 days ago
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That it is a little different. There you are estimating a continuous parameter (which happens to be interpretable as a probability) and it makes sense to have a probability distribution over that. But if you are talking about whether a single discrete events will happen or not, a single number (the probability) already fully captures the uncertainty about it. |
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To look at an extreme example… were all the “yes” votes 95%+ certain and the “no” votes just under the line 49%? Or was it more like a bunch of no votes at 49% and a bunch of yes votes at 51%?
Binarizing forecasts necessarily discards information. Aggregating a bunch of binary predictions into a percentage does no recapture said information, unfortunately.