The simplex plays an important role as sample space in many practical situations where compositional data, in the form of proportions of some whole, require interpretation. It is argued that the ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Dr. JeFreda R. Brown is a financial consultant, ...

R is a free computing and graphical software/environment for statistical analysis. This short course is designed to provide a basic statistical analysis in R using two data. The first data set comes ...

In today's data-driven world, statistical analysis plays a critical role in uncovering insights, validating hypotheses, and driving decision-making across industries. R, a powerful programming ...

For each indicator, the latest figure and its one-year, five-year, and 10-year changes are easy to understand in terms of raw data, but we need supplementary statistical analysis to determine whether ...

The stylo-statistical approach to literary analysis provides scholars with a method for extracting pertinent data of manageable size from the overall mass of data provided by the computer in the ...

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 ...

Nonsense dressed up in statistical jargon is still nonsense. And that’s what we find in the Texas attorney general’s unprecedented lawsuit asking the U.S. Supreme Court to overturn election results in ...