I have a confession to make. I used to run random A/B tests simply for the sake of running another test. I’d read articles like 50 A/B Split Testing Ideas, jot down my favorite ones, and then come ...

Business owners like to know how their decisions will impact their businesses. According to Harvard Business School Online, before making decisions, managers may explore the benefits of hypothesis ...

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 ...

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 ...

In applied research, an effect size is specified in advance and defines a threshold for decision-making. Power analyses of a specific desired effect size may then be carried out before an experiment ...

In the realm of technical product development, hypothesis testing acts as a bridge between design, data and decision-making. It enables teams to move beyond assumptions and validate their ideas ...

In the middle of the 20 th century, the field of psychology had a problem. In the wake of the Manhattan Project and in the early days of the space race, the so-called “hard sciences” were producing ...