Statisticians who study coincidences are fond of saying that ordinary people don’t know how to estimate the probabilities of coincidences. To illustrate our poor statistical thinking, statisticians ...

Physicians tend to excel in science and math, so it's a bit surprising that, in a new study, nearly 8 in 10 ― 78% ― committed a gaffe called the conjunction fallacy. Researchers asked doctors to ...

In this paper, we derive the density and distribution functions of the estimator of the shrinkage parameters of the Liu and generalized Liu estimators associated with the normal linear regression ...