At times we wish to examine statistical evidence, and determine whether it supports or contradicts a claim that has been made (or that we might wish to make) concerning the entire population. This is ...

If the P value is less than 5%, reject the null hypothesis; if the P value is .05 or more, don't reject the null hypothesis. Statistics textbooks -- and statisticians for that matter -- focus almost ...

Statistical testing in Python offers a way to make sure your data is meaningful. It only takes a second to validate your data ...

Objection: Natural variability is the null hypothesis; there must be compelling evidence of an anthropogenic CO2 warming effect before we take it seriously. Answer: The null hypothesis is a ...

The problem of testing a point null hypothesis (or a "small interval" null hypothesis) is considered. Of interest is the relationship between the P value (or observed significance level) and ...

Those who have been in my classes know that I often bring in knowledge from other disciplines to add to our understanding of the process of entrepreneurship. In any given day I might bring in concepts ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...