| As described earlier, we use binomial probabilities to calculate the confidence level of this interval. |
| To calculate the confidence level associated with any such interval, we use binomial probabilities in the same manner as described earlier. |
| He even calculates the conditional probabilities of such a cluster occurring just by chance. |
| While these actions are indeed forestalling a severe downturn, they are significantly increasing the probabilities for much worse down the road. |
| When one conditionalizes, one applies the initial conditional probabilities to determine final unconditional probabilities. |
| Thirdly, the powerful effect of these stories relates to the way people estimate probabilities. |
