In Hypothesis Testing 1, you were introduced to the ideas of hypothesis testing in the context of deciding whether a coin was fair or biased in favor of heads. In this section hypothesis testing ...
Much of today's scientific knowledge has been generated by what has colloquially been termed the 'scientific method'. The Oxford English Dictionary defines the scientific method as “a method or ...
Forbes contributors publish independent expert analyses and insights. Ted Ladd teaches entrepreneurship and innovation at Harvard and Hult. The word “hypothesis” has celebrity status. From Ancient ...
In the Neyman-Pearson theory of hypothesis testing it is customary to calculate significance levels and power functions on the assumption that the sample size is fixed. The main purpose of this paper ...
“Dutch Book” arguments and references to gambling theorems are typical in the debate between Bayesians and scientists committed to “classical” statistical methods. These arguments have rarely ...
When one predicts the hottest temperature on record for a given location, it is prudent to examine as many angles as possible to make sure that forecast has a chance of coming true. When one predicts ...