Business, like many other fields, can benefit from the use of statistics in estimating or predicting future events. An important tool for business statistics is a confidence interval, which helps a ...

The number needed to treat, that is, the average number of patients a clinician needs to treat with a particular therapy to prevent one bad outcome,1 is a translation into clinical terms of the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Marguerita is a Certified Financial Planner ...

Geoff Cumming receives funding from the Australian Research Council. Such research findings sound exciting because the word significant suggests important and large. But researchers often use the word ...

https://doi.org/10.15609/annaeconstat2009.128.0203 • https://www.jstor.org/stable/10.15609/annaeconstat2009.128.0203 We propose a new method for constructing ...

In the first article in this series,1 we presented an approach to understanding how to estimate a treatment's effectiveness that covered relative risk reduction, absolute risk reduction and number ...