This week we take a look at the interesting statistical problem of false positives, which naturally arise when you do lots of diagnostic tests or hypothesis tests. Our course spotlight deals with another aspect of multiple statistical studies – how to combine them into a single conclusion: Oct 16 – Nov 13: Meta Analysis inContinue reading “Sept 24: Statistics in Practice”
Daily Archives: September 24, 2020
False Positive Rate – It’s Not What You Might Think
“A little knowledge is a dangerous thing,” said Alexander Pope in 1711; he could have been speaking of the use of statistics by experts in all fields. In this article, we look at three consequential mistakes in the field of statistics. Two of them are famous, the third required a deep dive into the corporate annual reports of