Errata: Replace Type I Error: We reject the null hypothesis when it is true, e.g., we conclude bias when there is none. Type II Error: We fail to reject (i

Errata: Replace Type I Error: We reject the null hypothesis when it is true, e.g., we conclude bias when there is none. Type II Error: We fail to reject (i.e., we accept) the null hypothesis when it is false. with Type I Error: We reject the null hypothesis when it is true; e.g., we conclude bias when there is none. Type II Error: We fail to reject (i.e., we accept) the null hypothesis when it is false; e.g., we conclude there is no bias when there is. Replace For a random number, how about starting with a 32 bit integer, with appropriately long precision arithmetic multiply by 5^15, add 1, take modulo 2^47, and scale as we want? with For a random number, how about starting with a 32 bit integer, with appropriately long precision arithmetic multiply by 5^15, add 1, take modulo 2^47, take the resulting integer, scale as we want for stirring our pot, and use that integer as the start of another random number? Replace Else First Round looks like the good guys, are "certified statistically fair to women", may get more deal flow from women, and Betty, et al., can be happy that First Round is so nice! with Else First Round looks like the good guys, are statistically certified fair to women, may get more deal flow from women, and Betty, et al., can be happy that First Round is so nice! Replace Notice that either way Betty, et al., are "happy". That's called "happy women, happy life"! Or, heads, the women win, tails they lose, and in no event is there a huge crowd of angry women in front of First Round's offices with a bonfire of lingerie screaming "bias"! with Notice that either way Betty, et al., are "happy". That's called "happy women, happy life"! Or, heads, the women win, tails First Round loses, and in no event is there a huge crowd of angry women in front of First Round's offices with a bonfire of lingerie screaming "bias"! Replace So, we want some statistical a hypothesis test that is both multi-dimensional and distribution free. with So, we want a statistical hypothesis test that is both multi-dimensional and distribution free. Replace We put our money down on the opportunities with highest expected ROI until we have spent all our money. with We put our money down on the opportunities with highest expected ROI until we have spent all our money. Done.