With statistical sampling, counsel can simplify damage analyses, avoid potential issues with incomplete or missing data, and minimize the risk of error. In our prior ...
Confidence intervals are computed from a random sample and therefore they are also random. The long run behavior of a 95% confidence interval is such that we’d expect 95% of the confidence intervals ...
The Central Limit Theorem is a statistical concept applied to large data distributions. It says that as you randomly sample data from a distribution, the means and standard deviations of the samples ...