tag:blogger.com,1999:blog-1752771132348583018.post2990502295728330345..comments2024-03-29T00:50:36.331-05:00Comments on Managerial Econ: Testimonials and disclaimersLuke Froebhttp://www.blogger.com/profile/06832270922187297624noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1752771132348583018.post-30207096827732104302009-08-24T20:45:06.091-05:002009-08-24T20:45:06.091-05:00The good news is this will make it hard for scams ...The good news is this will make it hard for scams to provide enough real results to use testimonials. I think good products like Jenny Craig will have no problem providing valid statistical results.<br /><br />The bad news is that new products that have a real winner will have to work hard to find alternative ways to market their product until they have enough valid data points to have someone tell of how their results are "are typical". - ShawnShawn & Lynannhttps://www.blogger.com/profile/02505466549290575276noreply@blogger.comtag:blogger.com,1999:blog-1752771132348583018.post-20973188403016751772009-08-21T15:28:11.943-05:002009-08-21T15:28:11.943-05:00I suspect that it will be similar to the criterion...I suspect that it will be similar to the criterion FDA uses to test drugs: enough data to reject the null hypothesis of "no effect"Lukenoreply@blogger.comtag:blogger.com,1999:blog-1752771132348583018.post-16250605377732700732009-08-21T08:15:00.775-05:002009-08-21T08:15:00.775-05:00So who is defining the minimum number of samples t...So who is defining the minimum number of samples that are needed to develop the statistical evidence? 1, 2, 3, 4, ????Anonymoushttps://www.blogger.com/profile/05758816242713588507noreply@blogger.com