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Wittgenstein's Ruler

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Fooled by Randomness

Wittgenstein’s ruler: Unless you have confidence in the ruler’s reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler. The less you trust the ruler‘s reliability (in probability called the prior), the more information you are getting about the ruler and the less about the table. Wittgenstein's Ruler

Wittgenstein's Ruler