Interpretation of Confidence Interval I admit that it is almost common usage to say that a parameter of interest lies in the confidence interval we construct around a sample statistic, so I won’t count off for that answer. But the most accurate meaning of the confidence interval is that
I teach graduate statistics, otherwise known as quantitative methods/analytics. I have found a lot of good statistics tutorials on You Tube and have recommended some to my students. Because these students are MBA students and not Ph.D. students, I am more concerned with my students leaving the course knowing how to use technology to help them solve business problems …
I teach graduate and undergraduate statistics (quantitative analysis) and I am often asked by business students struggling with the numbers “what am I really going to use this for in real life?” True it may be difficult at first to understand the relevance of pure number crunching using the binomial distribution or chi square. So …
I have to admit I am a newbie when it comes to both of these topics. I am familiar with the concepts of capturing data about learning and retention in order to make positive changes that will help my organization achieve its goals. But this discussion on e-Literate really pulls me farther into the topics. …
For many years, my matrimonial partner told me too many times that men could not multi-task the way women do with ease. Over the years, I zeroed in on studies that debunked the whole idea of multi-tasking. (e.g. http://alturl.com/g8n43 from NPR in 2008) Now I come across an interesting article about something called “polymathing.” Worth reading: …