Survey sampling and estimation methods form the cornerstone of modern statistical inference, underpinning research across the social, medical, and natural sciences. At their heart, these methods ...

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 ...

When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Journal of Agricultural, Biological, and Environmental Statistics, Vol. 23, No. 2 (June 2018), pp. 175-189 (15 pages) Combining information from different sources is an important practical problem in ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

A complete class result is obtained for double sample estimation of a binomial parameter. The complete class leads to some inadmissibility results for some procedures that are likely to be used in ...

Let’s imagine that we are studying a species of beetle. The beetles come in many different colors, and we want to know how common the orange (O) coloring is in this population. This population of ...

Describe the abstract idea of a sampling distribution and how it reflects the sample to sample variability of a sample statistic or point estimate. Identify the ...