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The statsig police

Posted By: Maik Stiebler
Date: Sunday, 18 October 2009, at 2:56 p.m.

In Response To: The statsig police (Timothy Chow)

With a fixed j.s.d. threshold, or a fixed number-of-j.s.d.s threshold, you won't get this kind of a priori guarantee of the accuracy of the final total.

I understand that. But who needs an a-priori guarantee if we can always improve accuracy a posteriori?

My point is that your suggestion does not strike me as a particularly efficient allocation of resources, although it should be more efficient than the current method, if you put a decent limit on the maximum number of trials in your method. You really don't want to rollout a play decision until the end of times, even if the equity difference is very small, do you?

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