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Biotech / Medical : Biotech Valuation

CRSP 52.51

+2.7%

Nov 14 9:30 AM EST

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To: Biomaven who wrote (9172)	9/18/2003 11:01:40 AM
From: Icebrg	Read Replies (1) of 52153

Travel distance survival bias. I tend to agree with you and believe that they somehow got their statistics wrong. As I don't know anything about statistics, it is very easy to form such an opinion. Perhaps it could be argued that persons willing to travel long distances to seek treatment would be more mentally "motivated" to survive, which would then improve their survival chances. But to believe that there is an effect setting in already at a distance of 15 miles and "believing" that each extra 10 miles brings additional benefits is most probably to stretch the statistics too far. Erik

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