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by mrb 3184 days ago
«isn't significant proof of decline, although since it's 2 of 5, a 40% decline seems notable to me»

Any percentage value is irrelevant because a change of ±2 among 500 retailers is statistically insignificant. If it was ±20 it would be significant.

What if we went from 1 to 2 accepting BTC, would you say "acceptance went up 50% among top 500 retailers?" It would be highly misleading and improper to report it as such.

2 comments

Taking the one bit you want to argue with but ignoring the meat of my point certainly isn't something I'm finding useful. I'll take my leave here.
If they went from 1 to 2 accepting BTC, I would say "acceptance went up 100%".