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It's terribly inaccurate, based on my experience. For the Feb 2011 (most recent available stat they have), they were wrong by -314%. They should make the fact t
by jggube 16y ago
It's terribly inaccurate, based on my experience. For the Feb 2011 (most recent available stat they have), they were wrong by -314%. They should make the fact that their service is inaccurate obvious; otherwise, they're misleading many people.
Their data points are from 2 million people. In the U.S. alone, there are 230 million+ interet users: http://www.google.com/publicdata?ds=wb-wdi&met=it_net_user&idim=country:USA&dl=en&hl=en&q=internet+users http://www.google.com/publicdata?ds=wb-wdi&met=it_net_us...
I only took basic stats courses in college, but I know enough to know that's nowhere close to a big enough sample size to be statistically significant.
- gwern 16y ago> I only took basic stats courses in college, but I know enough to know that's nowhere close to a big enough sample size to be statistically significant. Just like you can't get a statistically significant result about the 300 million Americans by phoning a few hundred people.
- edanm 16y ago"I only took basic stats courses in college, but I know enough to know that's nowhere close to a big enough sample size to be statistically significant." I am not a statistician, but I'm pretty sure you're wrong about that. The real problem isn't the small sample size (2 million is really large), it's probably that they're not representative.
- earl 16y agoIf that were a random sample you'd be completely wrong -- that's more than enough to get extremely accurate numbers. What's more likely is that compete is based on a panel [1] [2], and the members of that panel tend not to include the type of people that read tech sites. [1] http://techcrunch.com/2010/02/25/compete-data/ http://techcrunch.com/2010/02/25/compete-data/ [2] http://www.quora.com/Where-does-Compete-get-its-data-from http://www.quora.com/Where-does-Compete-get-its-data-from