Viber6,
I don’t know if statistical analysis was part of your medical training or not. It was part of my Economics training and you are incorrect in your conclusion about how I evaluated the statistics. Absolute difference is meaningless, only relative difference matters. A difference of 10 out of 20 is huge. A difference of 10 out of 1M is not statistically relevant, unless with repeated trials the difference was always between 9 and 11. Vegas thrives on 5-15% because there are billions of samples and the variance is exceptionally small. So my analysis being based on relative analysis is spot on.
As it relates to your Rouge, even though the trials numbered only 3 and sample size was probably small, the results were relatively stable so it was not inappropriate to focusing on 50% more preferred the Mystery amp….
Highlighting your lack of understanding of statistics, using your numbers…Assuming the rare disease toxin was deadly and the rate increased from .1 to .2% equates to a change from 335,000-770,000 deaths in a year in the USA which would equate to an increase in total deaths of 12% and an overall cause of death of 24% (2.85M died in prepandemic 2019 USA). This would rank above cancer and cardiac arrest, so yes, that would be a big deal… It would be an even bigger deal if it was centered on Brooklyn… where 20% in a year would be dead… Pretty bad for your long term business! Interesting note… Covid-19 deaths were around 385,000 last year and this year will be over 425,000. 0-.1% matters.
Although I do agree that most people do not understand statistics, especially as it relates to risk analysis and decision making. I will also agree that media plays on (or equally suffers from) this lack of understanding resulting in sensationalism. If you want to further debate statistical analysis, off line please….
And finally for your pilot analogy. Let’s add some additional details: The 2 pilots are self taught, hijacked the plane and really don’t have any idea what they are talking about but are absolutely convinced they know what they are talking about… there names are psnyder149 and Viber6. Yes, we are taking this airship down faster than the Hindenburg…
And to everyone’s gratefulness, I am done posting on what I thought would give readers a good chuckle…
Merry Christmas, Happy Holidays and to an even better 2022 everyone!