Many bankers hear the term “Statistical Significance” but don’t know what it means and how it is relevant to potential fair lending violations. Typically, when an examiner is evaluating if a bank is ...

It’s too often misused and misunderstood. by Amy Gallo When you run an experiment or analyze data, you want to know if your findings are “significant.” But business relevance (i.e., practical ...

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Norman Swan: Let's go to the second issue and a really big row that's brewing amongst medical ...

(Bloomberg Opinion) -- Did you know that gorging on dark chocolate accelerates weight loss? A study published in 2015 found that a group of subjects who followed a low-carbohydrate diet and ate a bar ...

From all my years in research and consulting, I think I’ve learned a thing or two about marketing worth sharing. Enduring fundamentals, mostly—yet often overlooked. So, over the course of my biweekly ...

Every research lab is constantly innovating; either by creating something new or by understanding the equations and statistics underlying each vital subject, the stakes are high. With trillions of ...

Among fields representing the epicenter of the replication crisis, they have a vested interest in abandoning statistical significance. While 2σ is a bit weak, if it can be replicated further ...

Statistical significance set at P <.05 results in high rates of false-positives, note the authors, “even in the absence of other experimental, procedural and reporting problems,” and may underlie ...