2011
DOI: 10.1080/13504851.2010.526570
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What are the odds? A measure of the small sample problems

Abstract: Decisions on whether to retain recent hires are often limited by small sample size. We empirically assess whether uncertainty in employee retention decisions could be significantly reduced by increasing sample size. Using a unique data set from professional tennis matches to measure small sample outcomes, we find little difference in giving three chances, relative to five chances, in determining innate ability.

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Cited by 1 publication
(3 citation statements)
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“…Another common way to control for players' ability is to use players' ranking (see e.g. Jackson & Mosurski, 1997;Leach, 2003;Page & Coates, 2017;Rottoff et al, 2011).…”
Section: Discussionmentioning
confidence: 99%
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“…Another common way to control for players' ability is to use players' ranking (see e.g. Jackson & Mosurski, 1997;Leach, 2003;Page & Coates, 2017;Rottoff et al, 2011).…”
Section: Discussionmentioning
confidence: 99%
“…One way to address this challenge is to proxy players’ relative ability using contestants’ ranking (see e.g. Cohen-Zada et al, 2017b; Jackson & Mosurski, 1997; Leach, 2003; Page & Coates, 2017; Rottoff et al, 2011), the number of wins in the regular season (as in Morgulev et al, 2020a), or using betting odds (as in Berger & Nieken, 2016; Malueg & Yates, 2010). For example, M&Y use betting odds to identify matches of players with equal skills and then use that sample to disentangle strategic effect models from psychological momentum in best-of-three tennis matches.…”
Section: Literature Reviewmentioning
confidence: 99%
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