The aim of Statistical Science is to present the full range of contemporary statistical thought at a technical level accessible to the broad community of practitioners, teachers, researchers, and ...

What’s often misunderstood about Google’s incrementality testing and how Bayesian models use probability to guide better decisions.

It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...

This study examined the relationship between the Monetary Policy Rate (MPR) and inflation across five continents from 2014 to 2023 using both Frequentist and Bayesian Linear Mixed Models (LMM). It ...

WE ARE in a bar, and agree to toss a coin for the next round. Heads, I pay; tails, the drinks are on you. What are your chances of a free pint? Most people – sober ones, at least – would agree: ...

In this paper, we show that the conditional frequentist method of testing a precise hypothesis can be made virtually equivalent to Bayesian testing. The conditioning strategy proposed by Berger, Brown ...