You'd probably end up with a test for the parameter of a Poisson distribution or something, not a mean and standard deviation of a Gaussian. Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
And then you can do a test for the rate of conviction which is a Bernouilli test. Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
