The binomial model is widely used in statistical applications. Usually, the success probability, p, and its associated confidence interval are estimated from a random sample. Thus, the observations ...
The linkage disequilibrium method is currently the most widely used single sample estimator of genetic effective population size. The commonly used software packages come with two options, referred to ...
Recently, FDA told a medical device start-up company that, in regard to the company’s proposed clinical trial, “The equivalence of the device to the predicate can be demonstrated if the confidence ...
Four populations were repeatedly sampled with the aim of examining interval estimation of the cumulative amount, T, of some characteristic that has a positively skewed distribution, a feature of many ...
Sometimes it’s hard to have confidence in science. So many results from published scientific studies turn out to be wrong. Part of the problem is that science has trouble quantifying just how ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Third in the series: Nobody becomes a Psych major to study statistics The science of uncertainty. Statistics – much to the regret of many potential psych majors – is the core methodology that links ...