Even a rudimentary look at probability can give new insights about how to interpret data. Simple thought experiments an can give new insight into the different ways misunderstanding of statistics can ...

The first study of why people struggle to solve statistical problems reveals a preference for complicated rather than simpler, more intuitive solutions -- which often leads to failure in solving the ...

The fields of psychology and cognitive neuroscience have had some rough sledding in recent years. The bumps have come from high-profile fraudsters, concerns about findings that can't be replicated, ...

This article deals with the problem of local sensitivity analysis, that is, how sensitive are the results of a statistical analysis to changes in the data? A general methodology of sensitivity ...

Problems in providing a good statistical consultancy service may be divided into two types. The first is associated with general factors influencing the training of consultants, the status of ...

MORE FROM BUSINESS INSIDER: Sinofsky's Farewell Memo to Microsoft Why Mobile Commerce Is Set to Explode The S&P's Last Gasp Even a rudimentary look at probability can give new insights about how to ...