It’s because statistical tests are based on the distribution of the statistic, n... | Hacker News

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biophysboy 7 months ago | parent | context | favorite | on: Moving to a World Beyond "p < 0.05" (2019)

It’s because statistical tests are based on the distribution of the statistic, not the data itself. If the central limit holds, this distribution will be a bell curve as you say

tomrod 7 months ago [–]

Aye, but there are cases where it doesn't hold. Lognormal and power law distributions are awfully similar in samples, but matters on the margin.

For example, checking account balances are far from a normal distribution!

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