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vladimir:
BUT if your data set is too small to work on statistical significance testing... and if you're not allowed to highlight single data points (if you don't want to be accused of being up to no good) then what can you do with small sets figures?
Then you don't use statistical arguments.

Just a simple question. How many coin tosses do you need to reject the hypothesis that a coin is unbiased with 99% confidence? 95%? 90%? And if your coin is used fewer times than that and then is lost, how are you going to use statistics to argue it was biased?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Mar 20th, 2009 at 04:48:46 AM EST
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