T'ai Chi said:
Irrelevant. Your 1) and 2) don't necessarily make SETI science, they just make them honest reporters at whatever they are indeed doing.
Thanks! You wouldn't believe how good reporters are at catching hints that we may have something - fortunately, they have been very good about letting us confirm before going off and telling tall tales.
In other words, nothing yet, but lots of people hope there will be.
Let me know how you think the ETI's (the ETI in SETI) existence, technological advancement, and them trying to send signals to us, our being able to detect it, and our being able to understand it, was determined to be plausible.
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Mind if I try?
Piecemeal:
ETI's (the ETI in SETI) existence
Evolution. There, I said it - stars evolve, planets evolve, life evolves, and we've seen enough evidence of them all.
We've been finding planets all over the place since we developped good enough telescopes (and the "we" I mention is the astronomical community, not SETI), and that has been changing the models of stellar and planetary formation.
A recent estimate (sorry, no quote underhand, so dismiss it if you prefer) was that about 10% of all stars had nearby Jupiter+ size satellites. None of those are good for SETI as we see it, but planetary formation seems a lot more common than we first expected.
Given a few billion years, biologists are fairly convinced that life can appear (see all the arguments in favour of evolution). SO what makes our little corner of the Milky Way so unique that the odds of life appearing are nil elsewhere?
Intelligent life: well, we have less evidence for that (though some argue that the entire point of SETI is we haven''t found any here

), so I'll plead the n=1 (from my n=1 perspective, I'm sure you could find other experts with better arguments), times a few billion stars.
technological advancement
Time.
The sun is relatively young for a star of its type, and there are others that are 2-3 billion years older. If intelligent life appeared on one of them, even with a different evolutionary path, they would have quite a head start.
Which reminds me: one result of SETI for the sake of SETI: from what we have seen (mostly via the SETI@home project, which covers a lot more of the sky with less detail) there are probably no Type II or Type III Kardashev civilizations around (capable of manipulating the power of their star or galaxy respectively). Not a surprise, but a negative result - and we don't hide from it.
them trying to send signals to us
My area of specialisation. To give you a rough answer, it is yes, given technological advancement.
Why? Emitting is more expensive and takes longer to produce results than receiving, so older civilizations (see above) tend to do it more often.
Oh, you want a percentage? Well, I'm fond of the 1/3 ratio myself, and could write your ears out about the math around it.
Less than 1/2 anyway, but very low only if technology is severely discontinuous.
our being able to detect it
Within 60 years, if all goes well, we should have the galaxy pretty well covered, at near full time. That's if Moore's law goes on without slowing too much, and we can continue to increase the size of our telescopes - the ATA is good evidence of the latter.
I'd even venture that a fair number of SETI researchers would start working on something new if they failt to get anything once that is set up. Satisfactory? though they might start lobbying to be allowed to emit...)
our being able to understand it
Quite low at first. Which is why we are after signs of intelligent life, not conversation. The most detectable part would be a carrier wave (possibly distorted by Doppler effects), which contains no information (besides the fact that there is something out there).
Once we know what to look for, decoding can begin. Phase modulation, amplitude modulation, periodic aspects... We can get a lot of raw data out of that.
Check for mathematical aspects, to see if it's some of the simple coding we've imagined so far (like drawings in 5*5 boxes, since 5 is prime so the drawing would be hard to miss).
Calculate the entropy of the signal, given a sizeable mass. Experiments (I can dig up the reference if you want it, but it'll take some time) show that language has a lower entropy than music, which as a lower entropy than noise - for all the languages tested. So we'll know if a portion is language, or something else (like drawings, perhaps)?
Given time, ingenuity, and good data, we should be able to get something out of it - and once we reply, tey will be working on the problem too.