A new statistical method provides a more efficient way to uncover biologically meaningful changes in genomic data that span multiple conditions -- such as cell types or tissues. A new statistical ...

MIT researchers have developed a method that generates more accurate uncertainty measures for certain types of estimation. This could help improve the reliability of data analyses in areas like ...

Innovative statistical method helps determine ideal threshold times in restricted mean survival time analyses. The restricted mean survival time (RMST) analysis technique was introduced in health care ...

Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...

Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

When more is less The study shows when collecting more data won't help, an insight that can save time and resources. By borrowing tools such as "free energy" and the "partition function" from physics, ...

Innovative technologies of the Fourth Industrial Revolution (4IR) are transforming and modernizing the way data is generated, collected, and analyzed across different industries and fields of study. 1 ...

Statistics influence nearly everything. That is, the information and context derived from statistical analysis help to shape important decisions that have local, national, and global impacts. For ...