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 ...

Journal of the Royal Statistical Society. Series D (The Statistician) The Statistician joined the Journal of the Royal Statistical Society as its Series D from the journal of the Institute of ...

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, ...

The paper presents a discussion on the compound statistical decision problem. The non-sequential decision problem is described generally, and a simple example of a particular compound rule is given.

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 ...