People, most of whom clearly are not that good at math, are being really harsh on Paul Graham. Graham is mostly right, but slightly incorrect. In particular, suppose group A has the distribution f(x) and B has the distribution g(x). If f(x) and g(x) are shaped significantly differently past the cutoff , then mean(H(x-C)f(x)) and mean(H(x-c)g(x)) might not agree even though there is no bias by construction. (Here H(x)…
Wouldn't the weakest male and weakest female founders be underperforming more due to individual factors than bias? Maybe a mean of the lower quartile would remove some the the noise.
Here epsilon is how close a typical candidate will be to the cutoff, and is mainly a function of the sample size. I don't know the behavior of epsilon off the top of my head.