InvestorsHub Logo
Followers 12
Posts 1387
Boards Moderated 0
Alias Born 03/09/2010

Re: None

Wednesday, 06/13/2012 8:01:49 PM

Wednesday, June 13, 2012 8:01:49 PM

Post# of 278379
You have a hunch about Tuesdays. Can hunches be right? Yes. Can 'statistically significant' differences lead one down the wrong path? Yes. Correlation doesn't equal causation.

This is a silly argument but ZF is technically right (sounds bad with the qualifier) when he says that there is NO difference in PR frequency with the given data. Everyone else is welcome to act on a small data set with some potentially interesting trends. With more PRs, the trend will either approach significance or not. P<0.05 is not how the world actually works. The impossibly unlikely has happened and the incredibly likely has failed.

For what my opinion is worth this is a semantic argument that has gone on too far. Want to act on PR Tuesday? Go ahead, but it's not real insofar as we know. Maybe you're a pioneer, or maybe you'll lose 0.05 shares because of it. I see that data and its imprecise.

Let's talk about the business and science and leave the pissing contest for the other iHub boards.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News