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Statistics is a branch of math that involves the collection, description, analysis, and inference of conclusions from quantitative data. But what is a statistic? Let’s find out. The word statistic is ...
Statistics has moved beyond the frequentist-Bayesian controversies of the past. Where does this leave our ability to interpret results? I suggest that a philosophy compatible with statistical practice ...
ECONOMISTS develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “What Are Economic Models,” F&D, ...
The concepts of likelihood and significance were defined and initially developed by R. A. Fisher, but followed almost separate and distinct routes. We suggest that a central function of statistical ...
The analysis of correlated binary data is pivotal in many fields, particularly in clinical research where paired organ measurements (for example, eyes or ears) inherently exhibit dependency.