Been working on my new trading system. No time to post. Once it's done I'll be back.
Just a short note here. You're confusing individual events (which might have a "reason" for happening) with statistical sampling. For example, why did Napoleon lose at Waterloo? Was the loss accidental or "designed?" Does that loss make Napoleon a lesser general than Lord Wellington?
You're also missing the point I was making in the example of "great generals." The point is that when a statistical result is indistinguishable from "random ignorant chance" in a random sample, then one has no proof that the null hypothesis is wrong. In my post that you quoted, I stated clearly that I could not tell the difference from the statistical data, between whether these generals were truly great (opposite of the null hypothesis), or whether they were simply lucky (the null hypothesis). By trying to argue that they couldn't have been lucky without any statistical evidence that the null hypothesis is false, you have really highlighted your misunderstanding of this concept.
Ignorance is bliss.
Just a short note here. You're confusing individual events (which might have a "reason" for happening) with statistical sampling. For example, why did Napoleon lose at Waterloo? Was the loss accidental or "designed?" Does that loss make Napoleon a lesser general than Lord Wellington?
You're also missing the point I was making in the example of "great generals." The point is that when a statistical result is indistinguishable from "random ignorant chance" in a random sample, then one has no proof that the null hypothesis is wrong. In my post that you quoted, I stated clearly that I could not tell the difference from the statistical data, between whether these generals were truly great (opposite of the null hypothesis), or whether they were simply lucky (the null hypothesis). By trying to argue that they couldn't have been lucky without any statistical evidence that the null hypothesis is false, you have really highlighted your misunderstanding of this concept.
Ignorance is bliss.