I guess the calculator he used is https://select-statistics.co.uk/calculators/sample-size-calc... . The calculator includes this caveat: > "If one or both of the sample proportions are close to 0 or 1 then this approximation is not valid and you need to consider an alternative sample size calculation method." 0.86 is fairly close to 1. And they're not proportions but rather averages of Dice coefficients. The statisti…
Hi, author here. There are a range of ways the estimates can be improved, although many require data that isn't available. The main point is that having a ballpark idea of how reliable your results are is good, and you can achieve that with this sort of simple napkin maths. No statistician would do what I did for a formal publication, but I think what I did gets the point across.
But I don't think it's fair to complain about $30,000 prizes being awarded to first rather than second place in a specific competition without doing at least a little checking of whether that was actually the case. And the article kind of reads like cynicism that all machine learning is a waste, and all the algorithms are just producing random numbers that randomly happen to be right some of the time and win the competition by random chance.