Related Uses
The term winner's curse is also used in statistics to refer to the regression toward the mean phenomenon, particularly in genome-wide association studies and epidemiology. In studies involving many tests on one sample of the full population, the consequent stringent standards for significance make it likely that the first person to report a significant test (the winner) will also report an effect size much larger than is likely to be seen in subsequent replication studies.
Read more about this topic: Winner's Curse
Famous quotes containing the word related:
“No being exists or can exist which is not related to space in some way. God is everywhere, created minds are somewhere, and body is in the space that it occupies; and whatever is neither everywhere nor anywhere does not exist. And hence it follows that space is an effect arising from the first existence of being, because when any being is postulated, space is postulated.”
—Isaac Newton (16421727)
“A parent who from his own childhood experience is convinced of the value of fairy tales will have no difficulty in answering his childs questions; but an adult who thinks these tales are only a bunch of lies had better not try telling them; he wont be able to related them in a way which would enrich the childs life.”
—Bruno Bettelheim (20th century)