When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Statistical significance is a critical concept in data analysis and research. In essence, it’s a measure that allows researchers to assess whether the results of an experiment or study are due to ...

Statistical testing in Python offers a way to make sure your data is meaningful. It only takes a second to validate your data. Having data is only half the battle. How do you know your data actually ...

Sankhyā: The Indian Journal of Statistics, Series A (1961-2002), Vol. 35, No. 3, Dedicated to the Memory of P. C. Mahalanobis (Sep., 1973), pp. 329-333 (5 pages) A number of unsolved problems are ...

here is very good news for CPAs whose clients face the often burdensome administrative costs of claiming allowable expense deductions for meals and entertainment (M&E)—the IRS now will permit the use ...