Business owners like to know how their decisions will impact their businesses. According to Harvard Business School Online, before making decisions, managers may explore the benefits of hypothesis ...

In the realm of technical product development, hypothesis testing acts as a bridge between design, data and decision-making. It enables teams to move beyond assumptions and validate their ideas ...

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 ...

Parameter estimation techniques which fail to adjust for the interim analyses of group sequential test designs will introduce bias in much the same way that the repeated use of single sample ...

We describe a novel spatially and temporally detailed approach for determining the cause or causes of a population decline, using the western Alaskan population of Steller sea lions (Eumetopias ...

Gating indicators recommended by CDC for phased reopening following COVID-19 shutdowns include “sustained decreases” or a “downward trajectory…over a 14-day period” in public health statistics. These ...

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 ...

In applied research, an effect size is specified in advance and defines a threshold for decision-making. Power analyses of a specific desired effect size may then be carried out before an experiment ...