Many people in the U.S. believe that their statistical knowledge is limited, but they would rely on statistics for decision-making more if they understood statistics better, according to a new study led by a Penn State researcher.
Stats is not just about p values. The math was developed to detect cheating in gambling. Anyone winning at a frequency beyond two standard deviations from the mean is cheating. Good cheaters know not to exceed that.
Stats is not just about p values. The math was developed to detect cheating in gambling. Anyone winning at a frequency beyond two standard deviations from the mean is cheating. Good cheaters know not to exceed that.
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