If you cast a wide enough net, you’ll find what looks like a prize-winning fish. But you’ll also catch a lot of seaweed, plastic debris, and maybe even a dolphin you didn’t mean to bring in. Such is ...

Science is all about interrogating and disproving theories. Scientists in most quantitative fields will conduct p value testing as a method of statistical investigation. A low p value is an indicator ...

When testing new treatments, drugmakers must show that their formulation bears out better results than a placebo in clinical trials. In fact, the new drug must outperform the placebo by a ...

Here’s a good idea for the next presidential candidate debate: They can insult each other about their ignorance of statistics. Actually, it’s a pertinent topic for political office seekers, as public ...

The pursuit of science is designed to search for significance in a maze of data. At least, that’s how it’s supposed to work. To support or refute a hypothesis, the goal is to establish statistical ...

We present an importance sampling method for deciding, based on an observed random field, if a scan statistic provides significant evidence of increased activity in some localized region of time or ...

Imagine, if you dare, a world without P values. Perhaps you’re already among the lucky participants in the human race who don’t know what a P value is. Trust me, you don’t want to. P stands for ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...