11th December 2005, 09:34 AM
|
|
Member
|
|
Join Date: Dec 2005
Posts: 25
|
|
huh? how did we go from trying to show one group of horses is a better proposition than another to staking? i think this is more camoflage.
Quote:
|
Originally Posted by jfc
There is no flaw in my indicator because I don't use that for estimating probabilities.
It simply happens to be a more meaningful indicator than strike rate, because it usually copes with strike rate anomalies caused by field sizes.
I used it here late in the discussion merely to highlight what I consider a significant difference between 2 large samples.
|
whether you use it for estimating probabilities or not is irrelevant. there is a flaw in your indicator. i can see it. mr chrome prince can see it. i think many intelligent people can see it. much more accurate indicator is easy to calculate. if you wish to continue to use flawed indicator to "highlight what i consider a significant difference" then so be it. it brings to mind famous quote by Mr Mark Twain
Quote:
“There are three kinds of lies: lies, damned lies, and statistics.”
|
i go now. i can see there is no point to continue this discussion.
|