Many people in the U.S. believe that their statistical knowledge is limited, but they would rely on statistics for decision-making more if they understood statistics better, according to a new study led by a Penn State researcher.
Nah, shitty questions as usual. Go around any country and all folks to explain a p value and how is derived.
Unless it’s your day job that’s just not information the common person retains. A cursory knowledge of what it is and how is used is all that’s needed for most.
Stats is not just about p values. The math was developed to detect cheating in gambling. Anyone winning at a frequency beyond two standard deviations from the mean is cheating. Good cheaters know not to exceed that.
Nah, shitty questions as usual. Go around any country and all folks to explain a p value and how is derived.
Unless it’s your day job that’s just not information the common person retains. A cursory knowledge of what it is and how is used is all that’s needed for most.
Stats is not just about p values. The math was developed to detect cheating in gambling. Anyone winning at a frequency beyond two standard deviations from the mean is cheating. Good cheaters know not to exceed that.
I’m pretty sure the field of statistics wasn’t established by the gambling industry.
Honestly, not sure what I just read 🤷♂️
They’re not wrong in that casinos use statistical analysis to detect card counters, but I’m relatively confident they didn’t invent it.
They didn’t, and as others have suggested, how to come up with p value can differ depending on the experiment.
I was more hedging against someone popping up with “Actually, in ancient Mesopotamia…”
Riiiiiiiight 👌👍