Crunching the numbers in your example, there’s a 92% chance no coin does better than 55% correct. Randomness happens, but the law of large numbers usually refers to much larger numbers than 1000, and there aren’t 1000 huge companies being investigated right now. I think suspicion is warranted here
Crunching the numbers in your example, there’s a 92% chance no coin does better than 55% correct. Randomness happens, but the law of large numbers usually refers to much larger numbers than 1000, and there aren’t 1000 huge companies being investigated right now. I think suspicion is warranted here
You’re saying my intentionally over simplified example to get a point across wasn’t perfect? Amazing analysis…
Do you go by the nickname Captain Obvious with your friends?