You have to assess how good someone is at (let's say for this example) shooting free throws. (binary outcomes)
You have player A who has made 60/100. That is all of the information and sample available.
You need to assess whether B is better than player A, and he starts shooting, and begins to make one after the other. How many consecutive Free Throws would he have to make, to convince you statistically that he is better than the person who made 60/100?
Obviously 1/1 is not enough, and obviously 60/60 for sure, but where is the breakeven? Is this able to be calculated using statistics? It is actually part of a sports betting analysis project I am working on, but converted the question to free throws here.
You have player A who has made 60/100. That is all of the information and sample available.
You need to assess whether B is better than player A, and he starts shooting, and begins to make one after the other. How many consecutive Free Throws would he have to make, to convince you statistically that he is better than the person who made 60/100?
Obviously 1/1 is not enough, and obviously 60/60 for sure, but where is the breakeven? Is this able to be calculated using statistics? It is actually part of a sports betting analysis project I am working on, but converted the question to free throws here.