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 ...

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 ...

Although it is well known that modern methods of computing confidence intervals (CIs) based on likelihood or simulation have important advantages, normal approximation confidence interval procedures ...

Journal of the Royal Statistical Society. Series B (Statistical Methodology), Vol. 79, No. 5 (NOVEMBER 2017), pp. 1415-1437 (23 pages) The paper considers the problem of hypothesis testing and ...