Jim Chappelow is an independent consulting economist with over 13 years of experience in economic development, research, teaching, forecasting, and consulting. David Kindness is a Certified Public ...

The first thing any scientist does before performing an experiment is to form a hypothesis about the experiment's outcome. This often takes the form of a null hypothesis, which is a statistical ...

Statistics influence nearly everything. That is, the information and context derived from statistical analysis help to shape important decisions that have local, national, and global impacts. For ...

Usually when it comes to writing, mathematics and statistics probably aren’t the first things that come to mind. However, quite the number of us have had to face an instance where a source based on ...

The first study of why people struggle to solve statistical problems reveals a preference for complicated rather than simpler, more intuitive solutions -- which often leads to failure in solving the ...

Statistical significance is a critical concept in data analysis and research. In essence, it’s a measure that allows researchers to assess whether the results of an experiment or study are due to ...

Let’s start with a definition of Applied Statistics: Applied Statistics is the root of data analysis. The practice of applied statistics involves analyzing data to help define and determine an ...

Many businesses rely on statistical analysis to organize collected information and predict future trends based on that data. While organizations have lots of options on what to do with their big data, ...