acrary
Registered: Apr 2002 Posts: 700 | 05-05-03 05:13 PM
A friend of mine (with a phd in stats), told me I should've done a chi square goodness of fit test with a significance level of .01. The only problem I had was that it only told me if I had a edge...not the degree. Given that I now use 5,000 samples in the test and combined it with some Monte Carlo testing, I find it to have real value.
This can be combined with other tests to measure the mean and std. dev. to provide a confidence level, but since the number of samples is very small...it will probably only go out to the 95% confidence level that the mean is positive.
Anyway, that's my .02 |