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09:15
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Originally posted by lockstock79:
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Taureanbull yourself and others keep throwing around the term "statistically significant" and I have a strong feeling that most have no idea what that actually means. Not having a go at you, just hoping to make what I think is an important point for amateur investors to wrap their head around. I am NOT going to claim to be any sort of expert in this area. I did well in statistics at uni with very little study (health degree so I didn't place much importance on stats) however have barely used it since. Apologies if I make some mistakes:
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Great analysis. I also did well at stats at uni, and I have also now forgotten it all. I started looking into calculating this significance, then... gave up. Basically 10 patients is too small a number to say the result is significant, even if they all have a recovery. But it gives us a very good indication that results will be good.
