Related Experiment Video
Updated: Jul 4, 2025

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Abstract:
In the Stats, STAT! video, "Bayesian Way", originally published April 25, 2023 (DOI: 10.1056/EVIDstat2300090), at the 5:19 mark, the video states "…there is a 95% probability that biking is faster than taking the train…". It should have said, "…there is a greater than 95% probability that biking is faster than taking the train…" A corrected version of the video has been posted at evidence.nejm.org.
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