In science and health, we are often looking for results that are considered to be “statistically significant.” The golden rule is if the p-value is less than 0.05, then the result is statistically ...
For researchers there's a lot that turns on the p value, the number used to determine whether a result is statistically significant. The current consensus is that if p is less than .05, a study has ...
When testing new treatments, drugmakers must show that their formulation bears out better results than a placebo in clinical trials. In fact, the new drug must outperform the placebo by a ...
Post-hoc testing is carried out after a statistical analysis where you have performed multiple significance tests, ‘post-hoc’ coming from the Latin “after this”. Post-hoc analysis represents a way to ...
Whether you rely on fundamental analysis or technical analysis to identify promising investments, it’s helpful to have a working knowledge of statistical terms. Not every investor will be competent to ...