Discover how attribute sampling enhances audit accuracy by evaluating internal controls and analyzing population traits, ...

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 ...

Reviewed by Eric Estevez Key Takeaways Standard error measures the accuracy of a sample mean by showing how much it deviates ...

Under a linear regression model, the best linear unbiased estimator (BLUE) for a finite population total can be obtained. The problem studied here is that of estimating the variance for setting ...

It's not feasible to contact every member of the population, so only a sample, or a subset, of that population is included when conducting statistical research. The assumption is that the sample is ...

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 ...

In this paper we consider large θ approximations for the stationary distribution of the neutral infinite alleles model as described by the the Poisson-Dirichlet distribution with parameter θ. We prove ...