The books Lies, Damn Lies, and Statistics (Wheeler, 1976) and Damned Lies and Statistics (Best, 2001) have raised questions about whether statistics can be trusted. A number of educated people today, ...

“One Guinness, please!” a customer says to a barkeep, who flips a branded pint glass and catches it under the tap. The barkeep begins a multistep pour process lasting precisely 119.5 seconds, which, ...

Vol. 74, No. 1, Spcial Issue title: Scientific Misconduct and Research Ethics in Economics (MARCH 2016), pp. 83-97 (15 pages) Published By: Taylor & Francis, Ltd. A science, business, or law that is ...

The use of statistical significance and 𝑝-values has become a matter of substantial controversy in various fields using statistical methods. This has gone as far as some journals banning the use of ...

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 ...

My print column this week examines the concept of statistical significance -- a concept that the Supreme Court recently weighed in on, but that remains elusive even to some scientists who use it to ...

A recent study that questioned the healthfulness of eggs raised a perpetual question: Why do studies, as has been the case with health research involving eggs, so often flip-flop from one answer to ...

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 ...