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BGonline.org Forums
Why to stop at multiples of 1296
Posted By: Timothy Chow In Response To: Why to stop at multiples of 1296 (Daniel Murphy)
Date: Wednesday, 7 November 2012, at 3:30 p.m.
Yes, you're right, in principle. But I'm not trying to present an argument ex nihilo for multiples of 1296. I'm just trying to defend, post hoc, the common practice of stopping at multiples of 1296. Given that that's the de facto standard, it makes sense for a new member of the community to adopt it, rather than come up with some new standard. ("The nice thing about standards is that there are so many to choose from.")
The same issue arises with the definition of "statistical significance." People typically pick 2 or 3 standard deviations. Why not 2.4 or 3.1 standard deviations? No reason other than convention.
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