LESSWRONG
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Katriel Friedman
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Waterfall Diagram
Katriel Friedman8y*10

I don't understand how the waterfall concept helps illustrate the "odds form": the amount of each type of water reaching the pool is still expressed as a probability rather than jointly being expressed as the likelihood ratio. The fact that these likelihoods don't matter -- only their ratio -- was the the critical conceptual blockage for me.

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