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Latest Statistical hypothesis testing Stories

2012-02-13 23:20:52

People aren't always good at making informed decisions that involve risk, but a new study shows that even when we know the likelihood of certain outcomes based on statistical evidence or our own experiences, we still make decisions at odds with the probability of their occurrence.


Word of the Day
orbity
  • A bereavement by loss of parents or children; the state of being orbate; orbation.
The word 'orbity' ultimately comes from a Latin word meaning 'bereaved'.