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Hedge Fund Manager Shot by Son


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2015 Jan 5, 5:24pm   24,759 views  65 comments

by Peter P   ➕follow (2)   💰tip   ignore  

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62   FNWGMOBDVZXDNW   2015 Jan 7, 10:02am  

How do you know it is statistically significant. Out of the thousands of fund managers that start, do you not expect a few to do much better than average due to random chance?

63   Peter P   2015 Jan 7, 10:29am  

You can believe in anything. In the end, the whole point of statistics is to justify any position.

64   FNWGMOBDVZXDNW   2015 Jan 7, 10:33am  

Peter P says

You can believe in anything. In the end, the whole point of statistics is to justify any position.

This statement is silly crap spewed by people who don't understand statistics. Do you really believe it? Statistics can only be used to justify two opposing positions when one person is misusing it.

65   Peter P   2015 Jan 7, 10:36am  

YesYNot says

Statistics can only be used to justify two opposing positions when one person is misusing it.

Statistics is meaningless until it is interpreted. Language is fallible. Ultimately, we choose our own meaning. Truth is relative.

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