Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

The paper gives some personal recollections of the development of mathematical probability theory and its applications to statistical inference during the twenty years between the two world wars, ...

Stephen Woodcock does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Statistics influence nearly everything. That is, the information and context derived from statistical analysis help to shape important decisions that have local, national, and global impacts. For ...

Statistical significance is a critical concept in data analysis and research. In essence, it’s a measure that allows researchers to assess whether the results of an experiment or study are due to ...

The Department of Applied Mathematics offers a Bachelor of Arts degree in statistics and data science through the College of Arts and Sciences. The BA degree is designed with an emphasis on inter- and ...