Sometimes it’s hard to have confidence in science. So many results from published scientific studies turn out to be wrong. Part of the problem is that science has trouble quantifying just how ...

Understanding the confidence interval will help you grasp what an election poll is -- or is not -- saying. As you might have guessed, the media consistently gets it wrong. Candidate Gobermouch is ...

Sample size and power calculations are available for one-sample and two-sample paired and independent designs, when the proposed analysis is construction of confidence intervals of a mean (one-sample) ...

Confidence intervals show the likelihood a data range contains the true mean, aiding investment decisions. A wider interval suggests lower estimate accuracy, influencing market and risk analysis ...

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 ...

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 ...

For a business owner, Microsoft Excel 2010 is an excellent program for creating charts and graphs to show changes in various aspects of the business. However, the program is only effective if you can ...