Hypothesis testing is a formal procedure for investigating our ideas about the world using statistics. It is most often used by researchers to test predictions, called hypotheses. The first step in ...

When designing programs or software for the implementation of Monte Carlo (MC) hypothesis tests, we can save computation time by using sequential stopping boundaries. Such boundaries imply stopping ...

Explore essential statistical strategies for accurate protein quantification and differential expression analysis.

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

Significance testing, with appropriate multiple testing correction, is currently the most convenient method for summarizing the evidence for association between a disease and a genetic variant.

Business owners like to know how their decisions will impact their businesses. According to Harvard Business School Online, before making decisions, managers may explore the benefits of hypothesis ...