MilkSpiller22
Gorilla
Small sample size quiz
if I throw a quarter 20 times up in the air, 19 times it comes out heads, are you going to:
1. believe that in time it will statistically even out
OR
2. there is something wrong with either the coin or the way I am throwing the coin up in the air
This is a simple question to show that sometimes we discount small sample sizes just because they are small, but in actuality you can make a pretty accurate analysis with the data...
if I throw a quarter 20 times up in the air, 19 times it comes out heads, are you going to:
1. believe that in time it will statistically even out
OR
2. there is something wrong with either the coin or the way I am throwing the coin up in the air
This is a simple question to show that sometimes we discount small sample sizes just because they are small, but in actuality you can make a pretty accurate analysis with the data...