Sequential Data Analysis
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STATISTICS
Sequential Analysis
Sequential Data Analysis
Early stopping in data collection can save lives and millions in research costs
11 days ago
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What is a primary advantage of sequential data analysis compared to traditional fixed-sample hypothesis testing?
It requires a larger fixed sample size to ensure accuracy before any analysis can begin.
It eliminates the need for any stopping rules or pre-planned decision criteria.
It allows for earlier conclusions by evaluating data as it is collected, potentially reducing sample size and costs.
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