Human brains are constantly processing data to make statistical assessments that translate into the feeling we call confidence, according to a study published May 4, 2016 in Neuron. This feeling of ...

Third in the series: Nobody becomes a Psych major to study statistics The science of uncertainty. Statistics – much to the regret of many potential psych majors – is the core methodology that links ...

Geoff Cumming receives funding from the Australian Research Council. Such research findings sound exciting because the word significant suggests important and large. But researchers often use the word ...

Confidence intervals estimate likelihood of a data set's accuracy, aiding financial decisions. Utilizing confidence intervals in risk management helps stabilize cost forecasts. Larger sample sizes ...

The brain produces feelings of confidence that inform decisions the same way statistics pulls patterns out of noisy data. This feeling of confidence is central to decision making, and, despite ample ...