3 ms·
«isn't significant proof of decline, although since it's 2 of 5, a 40% decline seems notable to me» Any percentage value is irrelevant because a change of ±2 a
by mrb 9y ago
«isn't significant proof of decline, although since it's 2 of 5, a 40% decline seems notable to me»
Any percentage value is irrelevant because a change of ±2 among 500 retailers is statistically insignificant. If it was ±20 it would be significant.
What if we went from 1 to 2 accepting BTC, would you say "acceptance went up 50% among top 500 retailers?" It would be highly misleading and improper to report it as such.
- wpietri 9y agoTaking the one bit you want to argue with but ignoring the meat of my point certainly isn't something I'm finding useful. I'll take my leave here.
- saalweachter 9y agoIf they went from 1 to 2 accepting BTC, I would say "acceptance went up 100%".