Insensitivity to sample size about 45 babies are born each day, and in the smaller hospital about 15 babies are born each day. As you know, about 50% of all babies are boys. However, the exact percentage varies from day to day. Sometimes it may be higher than 50%, sometimes lower. For a period of 1 year, each hospital recorded the days on which more than 60% of the babies born were boys. Which hospital do you think recorded more such days? 56% of subjects chose option 3, and 22% of subjects respectively chose options 1 or 2. However, according to sampling theory the
Month-to-date stakeholders to compare the company's current performance to that of past periods. MTD describes the return so far this month. For example: the month to date return for the stock is 8%. This means from the beginning of the current month until the current date, stock has appreciated by 8%. Comparing MTD measures can be misleading if not much of the month has occurred, or the date is not clear. MTD measures are more sensitive to early changes than late changes. Month-to-date Month-to-date (MTD) is a period starting at the beginning of the current month and ending at the current