Business, like many other fields, can benefit from the use of statistics in estimating or predicting future events. An important tool for business statistics is a confidence interval, which helps a ...

Confidence Interval Estimate: a range of values so constructed that a specified proportion of the intervals costructed that way would contain the true value of a parameter. Critical Value: a point on ...

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 ...

Wald-based and likelihood ratio-based confidence intervals are available in the MODEL procedure for computing a confidence interval on an estimated parameter. A confidence interval on a parameter can ...

In the first article in this series,1 we presented an approach to understanding how to estimate a treatment's effectiveness that covered relative risk reduction, absolute risk reduction and number ...

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 ...

Confidence intervals and hypothesis tests are directly linked. Confidence intervals can be used to check the reasonableness of claims about the parameter. If someone claims the parameter is equal to ...

The Journal of the American Statistical Association (JASA) has long been considered the premier journal of statistical science. Science Citation Index reported JASA was the most highly cited journal ...