Hypothesis testing is a formal procedure for investigating our ideas about the world using statistics. It is most often used by researchers to test predictions, called hypotheses. The first step in ...

The probability that the null hypothesis will be rejected when it is actually true is called the false positive rate and is determined by the significance level of the test (called alpha which is ...

Central to the theme of hypothesis testing is the P-value, which is often misunderstood or misinterpreted. While it is often stated as the probability of the data having arisen by chance, the P-value ...

When designing programs or software for the implementation of Monte Carlo (MC) hypothesis tests, we can save computation time by using sequential stopping boundaries. Such boundaries imply stopping ...

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 ...