Statistics
Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data
Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data The firing of U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer by President Donald Trump may undermine trust in the agency’s data, which could have significant consequences for the economy. The […]
📰 News
When it comes to finance, ‘normal’ data is actually pretty weird
When it comes to finance, ‘normal’ data is actually pretty weird Business researchers often rely on assumptions when analyzing financial data, but these assumptions can be flawed, leading to incorrect conclusions. The normal distribution assumption, a central concept in statistics, may not hold true for real-world financial data, which can lead to distorted results and […]
📰 News