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 ...

Mitchell Grant is a self-taught investor with over 5 years of experience as a financial trader. He is a financial content strategist and creative content editor. Timothy Li is a consultant, accountant ...

This winter, the university where one of us works sent out an email urging employees to wear a hat on particularly cold days because “most body heat is lost through the top of the head.” Many people ...

Statistics influence nearly everything. That is, the information and context derived from statistical analysis help to shape important decisions that have local, national, and global impacts. For ...

We encounter statistics every day, but it is not always easy to interpret them appropriately. During her doctoral thesis work in the abstract field of number theory, Dutch mathematician Ionica Smeets ...

Two major goals in the study of biological systems are inference and prediction. Inference creates a mathematical model of the data-generation process to formalize understanding or test a hypothesis ...

The abuse of business statistics has been rampant for a long time, particularly as it applies to the confusion between correlation and causation. But the misapplication of statistics shows up in other ...

Mark Twain wrote, "There are three kinds of lies: lies, damned lies, and statistics." This phrase is often taken to mean that statistics are another form of lying. Not so, says Aaron Fisher, a ...

Trump repeated his false claim that an executive order he issued on prescription drug prices will cut those prices by “as ...