Statistical modeling continues to deliver distinct value to businesses both independent of, and in concert with, machine learning. “Artificial intelligence” (AI) and “machine learning” are among the ...

Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

Some of the models used to forecast everything from financial trends to animal populations in an ecosystem are incorrect, ...

In education randomized control trials (RCTs), the misreporting of student outcome data could lead to biased estimates of average treatment effects (ATEs) and their standard errors. This article ...

Throughout the years I have worked in credit and collections, either doing credit analysis related to commercial lending decisions or identifying the elements that should be weighed when reviewing ...

Evolutionary divergence of humans and chimpanzees likely occurred some 8 million years ago rather than the 5 million year estimate widely accepted by scientists, a new statistical model suggests.

Figure 1: Measuring fit of the Ricker model. There is extremely strong statistical evidence that the Nicholson blowfly fluctuations are limit cycles perturbed by noise. They are not the result of ...