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Biotech / Medical : Biotech Valuation
CRSP 53.34-1.2%1:44 PM EST

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To: A.J. Mullen who wrote (10302)2/5/2004 6:42:39 PM
From: software salesperson  Read Replies (1) of 52153
 
ashley,

i was merely posting the explanation of the condorcet statistical proof. i don't believe that the millionaire game is a good example in the context of the author's argument and, i agree with you, it does not have much relevance here. i was responding to peter's request.

on the other hand, if we could find 1000 dispassionate, scientifically knowledgeable, financially astute, analytically rigorous people, then i believe condorcet's statistics would be relevant. or failing that goal, i wonder what the statistics would tell us about having a group of 50 people who, rather than being 51% right, were 60% right.

sales
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