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 ...

And here is the important lessons from statistics. You cannot simultaneously decrease the probability of Type I errors and the probability of Type II errors. Any inference system that decreases ...

I regularly teach courses in statistics. And make no mistake about it, I LOVE teaching statistics. I’ve taught this class since 1996, have (with Sara Hall) co-authored a textbook on the topic ...