The scientific world is abuzz following recommendations by two of the most prestigious scholarly journals – The American Statistician and Nature – that the term "statistical significance" be retired.

Many bankers hear the term “Statistical Significance” but don’t know what it means and how it is relevant to potential fair lending violations. Typically, when an examiner is evaluating if a bank is ...

Every year, millions of students across the world take a statistics class. As the world is flooded with data, it is an increasingly popular subject. And if there is one thing most students remember ...

McShane, Blakeley B.; Bradlow, Eric T.; Lynch Jr., John G.; Meyer, Robert J. "Statistical Significance" and Statistical Reporting: Moving Beyond Binary. Journal of ...

The current way many researchers apply p-values to draw conclusions on statistical significance is incorrect and unhelpful, three scientists argue in a Nature commentary published yesterday (March 20) ...

The perennial question facing all banks is, “What volume of lending in Majority-Minority census tracts and mortgages extended to minority home borrowers must we do to avoid redlining allegations by ...

Statistical significance sets a convenient obstacle to unfounded claims. In my view, removing the obstacle (V. Amrhein et al. Nature 567, 305–307; 2019) could promote bias. Irrefutable nonsense would ...

The scientific world is abuzz following recommendations by two of the most prestigious scholarly journals – The American Statistician and Nature – that the term “statistical significance” be retired.