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| Main Author: | |
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| Format: | Preprint |
| Published: |
2026
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| Subjects: | |
| Online Access: | https://arxiv.org/abs/2601.23171 |
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Table of Contents:
- This article includes a discussion of the ``lost submarine problem", following Morey \emph{et al} (2016). As the title of that paper suggests (\emph{The fallacy of placing confidence in confidence intervals}), the example is intended to illustrate the futility of relying on the confidence interval as a formal inference statement. In the view of this author, the misgivings expressed in Morey \emph{et al} (2016) can be resolved using a decision theoretic approach. While it is true that a variety of statistical methods lead to a variety of confidence intervals, once we precisely define their purpose, a single optimal choice emerges. Furthermore, distinct purposes lead to distinct optimal choices. Therefore, that a variety of procedures exist is an advantage rather than a liability.