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in the first part of this episode I set out the context for how statistical power analysis can enlighten us about the effectiveness of the optimizations were undertaking let me give you an example if a company wants to find out if thereamp;#39;s a statistically docHub preference for one product compared to another or a difference between two drugs then one of the most important things that weamp;#39;ll need to determine upfront is what the sample size needs to be for the study the sample size that will give them the level of statistical significance they require and theyamp;#39;ll often use the concept of power analysis to do that statisticians will tell you that much of the hard work goes into carefully planning out a study prior to doing anything else and they wouldnamp;#39;t even dream of collecting data before doing that pre work so why should it be any different for algorithmic traders who are trying to ascertain the optimal parameters to use in a trading strategy if we a
