Regular Guy
Ideal_Rock
- Joined
- Jul 6, 2004
- Messages
- 5,962
Really, this is just a question about understanding the real impact of rounding.
It presumes you believe, at the outset, that proportions, in the end, will be a high predictor of performance (and the way people here talk with confidence about sweet spots in numbers...it''s clear many readers on Pricescope are converted).
The question should be answerable either purely from the point of view of understanding the mathematical analysis associated with the reporting of rounding done by GIA, and then tying that to the sensitivity HCA brings forward. Or, for those in the business, an observational answer is just as valid, or may even improve on the constraints of the question.
Basically, if you want to apply HCA analysis to the data on a new GIA cert...this is exactly and only what is done by the "search by cut" database here...how reliable is the application?
You could also say this is a question about time & money. AGS options present a premium. Not only do they not round, but they do direct analysis, and double your check, so restricting choices to only newer AGS documented options is not wacky.
But...if you want to broaden your choices...and decide to not depend only on vendors who have done the work for you, like Jonathan at GOG or Nice Ice, to name two...how effectively can you make the call?
Framing the question best takes a better skill than I''d like to bring here. One way to pose it....If you are targeting options scoring 0 - 2...how likely is it that it will really be 0 - 2, if it says it is? There may be better ways to frame the question, but hopefully this presents a beginning.
It presumes you believe, at the outset, that proportions, in the end, will be a high predictor of performance (and the way people here talk with confidence about sweet spots in numbers...it''s clear many readers on Pricescope are converted).
The question should be answerable either purely from the point of view of understanding the mathematical analysis associated with the reporting of rounding done by GIA, and then tying that to the sensitivity HCA brings forward. Or, for those in the business, an observational answer is just as valid, or may even improve on the constraints of the question.
Basically, if you want to apply HCA analysis to the data on a new GIA cert...this is exactly and only what is done by the "search by cut" database here...how reliable is the application?
You could also say this is a question about time & money. AGS options present a premium. Not only do they not round, but they do direct analysis, and double your check, so restricting choices to only newer AGS documented options is not wacky.
But...if you want to broaden your choices...and decide to not depend only on vendors who have done the work for you, like Jonathan at GOG or Nice Ice, to name two...how effectively can you make the call?
Framing the question best takes a better skill than I''d like to bring here. One way to pose it....If you are targeting options scoring 0 - 2...how likely is it that it will really be 0 - 2, if it says it is? There may be better ways to frame the question, but hopefully this presents a beginning.