The perennial question facing all banks is, “What volume of lending in Majority-Minority census tracts and mortgages extended to minority home borrowers must we do to avoid redlining allegations by ...
Many bankers hear the term “Statistical Significance” but don’t know what it means and how it is relevant to potential fair lending violations. Typically, when an examiner is evaluating if a bank is ...
Research is usually denoted to be effective with the terms “statistically significant”. If a significant difference is observed, the difference between groups is pronounced. Researchers are now ...
This week, The American Statistician published a special issue, "Statistical Inference in the 21st Century: A World Beyond p < 0.05," which includes 43 new papers by leading statisticians. The ...
Although analysis of variance (ANOVA) is widely used by ecologists, the full potential of ANOVA as a descriptive tool has not been realized in most ecological studies. As questions addressed by ...
In science, the success of an experiment is often determined by a measure called “statistical significance.” A result is considered to be “significant” if the difference observed in the experiment ...
The current way many researchers apply p-values to draw conclusions on statistical significance is incorrect and unhelpful, three scientists argue in a Nature commentary published yesterday (March 20) ...
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