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 ...

The brain produces feelings of confidence that inform decisions the same way statistics pulls patterns out of noisy data. This feeling of confidence is central to decision making, and, despite ample ...

Geoff Cumming receives funding from the Australian Research Council. Such research findings sound exciting because the word significant suggests important and large. But researchers often use the word ...

https://doi.org/10.15609/annaeconstat2009.128.0203 • https://www.jstor.org/stable/10.15609/annaeconstat2009.128.0203 We propose a new method for constructing ...

A sequential fixed-width confidence interval for the mean of a U-statistic, having coverage probability approximately equal to preassigned α, is presented. The main result, Theorem 2, shows that the ...

The directions, which came via cell phone, were a little garbled, but as you understood them: "Turn left at the 3rd light and go straight; the restaurant will be on your right side." Ten minutes ago ...