The data genie is well and truly out of the bottle. The presence of data-driven consultancies, the rise of public data websites and the growth of its use in the media (cough, cough) highlight how ...
Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...
Q. My supervisor wants me to include more data visualizations in my projects. Do you have any suggestions? A. Data visualization transforms raw data into graphical representations, making complex ...
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 ...
Adrian Barnett is a member of the Statistical Society of Australia. Victor Oguoma is a member of the Statistical Society of Australia. Our lives are becoming increasingly data driven. Our phones ...
Robust statistical reasoning is vital in the courtroom, as historical cases have shown. Take, for example, the case of Sally Clark, who became the victim of a miscarriage of justice when she was ...
A report says new approaches and increased spending are needed to ensure that government statistics remain dependable and free of political influence. By Ben Casselman Federal Reserve officials use ...
As is the case with many sports this century, data has changed football. Analytics are playing an increasingly large role in the NFL, affecting strategy, personnel decisions and ultimately the outcome ...
In 2006, the National Research Council conducted a review of the survey program of the erstwhile Marine Recreational Fisheries Statistics Survey (MRFSS), which was established in 1979 and administered ...
Data is the fuel that runs the fourth industrial revolution, and knowing how to work with data is more important than ever for employees at many organizations. The value of data literacy is continuing ...