Alby_da_Wolf said:
Just no. When you receive sales data, you collect integer numbers and you aren't introducing yourself an additional measurement error like if you were measuring a length, say, with a 1mm graduated ruler. Those integer numbers can be precise, if the store can give them to you for a given week, or they'll be approximations plus or minus an error margin. You'll take them into account, and you'll have to take into account also the precision available for your internal calculations and the approximation error accumulation, plus obviously your estimate of the error in the formula you devised for the extrapolation of your data but even then, rounding the final result of the central value to an integer different from the closest one (or the closest greater or lower one) would be an error in every case. |
Not sure if you know metrology, but you can also decentralize your "mean"... instead of saying 10.0+-0.05 you could say 9.95+0.1. In statistic don't know it would be acceptable... but I never saw a statistic report on election being 22.5+-.5% of intention (and they use integer numbers even tough they state results in percentages), and then they give margin of error as 5 pp (percentual points)... by your logic they should state it as 22.5341% (if that was the exact approximation value on their method on lets say 1430 people polled).

duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
http://gamrconnect.vgchartz.com/post.php?id=8808363
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
http://gamrconnect.vgchartz.com/post.php?id=9008994
Azzanation: "PS5 wouldn't sold out at launch without scalpers."







