We present an importance sampling method for deciding, based on an observed random field, if a scan statistic provides significant evidence of increased activity in some localized region of time or ...
If you cast a wide enough net, you’ll find what looks like a prize-winning fish. But you’ll also catch a lot of seaweed, plastic debris, and maybe even a dolphin you didn’t mean to bring in. Such is ...
A small p-value often means the observed data effect is statistically significant. Set a significance level to compare with the p-value to validate investment hypotheses. Utilizing p-values in Excel ...
Here’s a good idea for the next presidential candidate debate: They can insult each other about their ignorance of statistics. Actually, it’s a pertinent topic for political office seekers, as public ...
The pursuit of science is designed to search for significance in a maze of data. At least, that’s how it’s supposed to work. To support or refute a hypothesis, the goal is to establish statistical ...
'Statistical significance' is one of the most widely misunderstood phrases in science, according to a 2013 Scientific American article. It's a controversial topic. Probability values (p-values) have ...
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