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Re: stock_peeker post# 6

Tuesday, 07/19/2005 5:56:17 PM

Tuesday, July 19, 2005 5:56:17 PM

Post# of 9045
Peeker:

Thank you for reading it. That always makes things easier.

Also, I have mentioned, and it is in the IBOX, that it is impossible for a person to take the survey more than once.

As to being statistically insignificant, it depends on what you are trying to conclude. If 75 out of 75 people say they do x, y or z or that they believe x, y or z, then it IS statistically significant. In fact, if 65 out of 75 said the same thing, it would be statistically significant. If even 55 out of 75 said the same thing, it would be statistically significant. In most cases, with 4 possible choices, if 45 out of 75 said the same thing, it would be statistically significant. So, I don't really know what you are referring to.

Obviously, with 20 people it doesn't mean much. But, the point is that we just started 24 hours ago and we don't YET know what conclusions can be drawn. The only thing we DO know with 100% statistical certainty is that ZERO conclusions can be drawn if we know nothing.

Len



Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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