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« Roubini and Malpass on Kudlow | Main | The "Hard Data" Challenge »

October 19, 2006

Comments

dude

hi, im a fan of stas and irony so this page tickled me. herein, you claim to never take advice from someone who uses the term in question however:

'What is the mathematical significance of this release? ABSOLUTELY ZERO. Any datapoint below the margin of error is ""statistically insignificant"". '

while i agree with you intelectually i've found that the use of that term is more a misnomer, and it is more accurate to say the term used should be, statistically irrelevant. as in, it is irrelevent that x occured in (any range in) this analisys whatsoever and should otherwise not be counted or weighed as heavily (if at all).

though arguing semantics back and forth IS a great way to get off track.

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