Boxes and Lines cover image

Launching a New Institutional Equities Broker with Dan Aisen and Allison Bishop of Proof Trading

Boxes and Lines

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Is There a 5% Chance That This Finding Is True?

The notion of statistical significance was designed in an era where it was really hard to do a study. We need much higher standards on the process now that we're doing much more computation, he says. "In a world of big data where we run 100 tests, we find something statistically significant doesn't mean anything"

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