[daveguy]

The point is, you don't know what that number is unless you do the math. It's not a matter of "judging it". It is a matter of calculating it.

If you "peek and halt" without doing the math. You might as well have a random good result in the first 10 and say "look! Positive results!". You recognize that is ridiculous. So when is peeking and stopping not ridiculous?

A: when the statistical power is sufficient for the observed effect. In the examples -- 1600 or 6000 for a 10% or 5% effect, respectively. And much less for a 20% or 40% effect! -- but you don't know the number required unless you do the math.

[ted_dunning]

Again, this limitation doesn't apply to good bandit approaches. You see big effects quickly and smaller effects more slowly and don't need to do any pre-computation about power at all.

You can even get an economic estimate of the expected amount of value you are leaving on the table by stopping at any point.