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Pastimes : Statistics for Dummies -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (50)10/18/2002 12:26:25 PM
From: HighTech  Respond to of 66
 
This was a quote, not mine, illustrating how increasing a sample size does not necessarily increase the significance and reliability of the results. Obviously there is a design problem.

HT



To: LPS5 who wrote (50)10/18/2002 12:42:38 PM
From: HighTech  Read Replies (1) | Respond to of 66
 
The quote was from Nassim N.Taleb, who wrote Fooled By Randomness.

In his own words about that quote, he writes The following inductive statement illustrates the problem of interpreting past data with logical method.

HT


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