At times we wish to examine statistical evidence, and determine whether it supports or contradicts a claim that has been made (or that we might wish to make) concerning the entire population. This is ...
In the early 20 th century, Guinness breweries in Dublin had a policy of hiring the best graduates from Oxford and Cambridge to improve their industrial processes. At the time, it was considered a ...
Successful completion of this course demonstrate your achievement of the following learning outcomes for the MS-DS program: Define a composite hypothesis and the level of significance for a test with ...
During his Ph.D. research, mathematician Tyron Lardy worked on a new approach to hypothesis testing. Instead of the traditional p-value, he uses so-called e-values. These turn out to be more ...
There’s something slightly oxymoronic about the phrase “false positive.” When you’re positive, you’re supposed to be sure that what you’re saying is true. As when you have the support of solid ...
Those who have been in my classes know that I often bring in knowledge from other disciplines to add to our understanding of the process of entrepreneurship. In any given day I might bring in concepts ...
Consumers of research should not be satisfied with statements that “X is effective”, or “Y has an effect”. Gwenae l Piaser Empirical science needs data. But all data are subject to random variation, ...