Descriptive statistics are the cornerstone of data analysis. This method provides the researcher with the tools necessary to understand the statistics on hand. It offers insight into the ...

We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is exactly or ...

Vast amounts of data are generated every day. Statistics transforms data into meaningful information. People who practice the science of learning from data are called statisticians. Statisticians ...

Let me be upfront: this post will contain statistics. Not the fun, pithy kind like “60 percent of statistics are made up on the spot,” but actual cold, hard statistical practices. Joking aside, I’m ...

Ever wanted to encapsulate a quarterback's performance in a single number, wondered whether a bowling score was a descriptive statistic, or wished for a mathematical dissection of the Monty Hall ...

Conclusive research is a structured data collection technique that provides detailed, factual information that's useful in decision-making. Descriptive marketing research is a form of conclusive ...