Sophisticated private sources could provide a fuller picture of the state of the economy. But the government is not even ...
Statistical inference with complex survey data is challenging because the sampling design can be informative, and ignoring it can produce misleading results. Current methods of Bayesian inference ...
Simple random sampling is the foundation for almost every method taught in introductory statistics classes. Many students, however, have difficulty understanding the difference between simple random ...
When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...
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The Mayor’s Management Report, a trove of statistics about crime rates, public health and many other issues, arrived at the ...
Forbes contributors publish independent expert analyses and insights. I decode analytics for business people. Often, when we say we want data, what we really want is information. No matter if you love ...
The FBI publishes some of the most complete statistics, but no database can perfectly capture the nation’s crime.