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RSS FeedsSorry, wrong number Statistical benchmark comes under fire
(WorldNews Business)


17 november 2019 10:50:25

Sorry, wrong number Statistical benchmark comes under fire
(WorldNews Business)

NEW YORK -- Earlier this fall Dr. Scott Solomon presented the results of a huge heart drug study to an audience of fellow cardiologists in Paris. The results Solomon was describing looked promising: Patients who took the medication had a lower rate of hospitalization and death than patients on a different drug. Then he showed his audience another number. `There were some gasps, or `Ooohs,`` Solomon, of Harvard`s Brigham and Women`s Hospital, recalled recently. `A lot of people were disappointed.` One investment analyst reacted by reducing his forecast for peak sales of the drug -- by $1 billion. What happened? The number that caused the gasps was 0.059. The audience was looking for something...

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