Learn how representative samples and random samples differ and why combining them minimizes sampling bias for accurate data.
Perhaps you saw the headlines this weekend: “Sexting: Just About Everyone’s Doing It,” from Discovery News, or “Online survey finds 8 in 10 adults have engaged in sexting,” from CNN. Wow – that’s ...
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 ...
The way people make decisions often seems irrational. One explanation for this behavior is that they seek evidence that confirms what they already believe, a phenomenon called 'confirmation bias'. But ...