Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

I shall describe a practical classroom exercise in applied statistics, which has an impressive effect on the students who are beginning to learn statistics. This is based on a remarkable paper by ...

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

Sankhyā: The Indian Journal of Statistics, Series B (1960-2002), Vol. 33, No. 3/4 (Dec., 1971), pp. 217-224 (8 pages) Suppose that ${\rm L}(\psi,\theta)=(\psi ...