A scale of interpretation for likelihood ratios and Bayes factors
Methodology
2024-03-01 v3
Abstract
Several subjective proposals have been made for interpreting the strength of evidence in likelihood ratios and Bayes factors. I identify a more objective scaling by modelling the effect of evidence on belief. The resulting scale with base 3.73 aligns with previous proposals and may partly explain intuitions.
Cite
@article{arxiv.2212.06669,
title = {A scale of interpretation for likelihood ratios and Bayes factors},
author = {Frank Dudbridge},
journal= {arXiv preprint arXiv:2212.06669},
year = {2024}
}