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, ...

Bayesian statistics can be hard to teach at an elementary level due to the difficulty in deriving the posterior distribution for interesting nonconjugate problems. One attractive method of summarizing ...

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 ...

Survey sampling and estimation methods form the cornerstone of modern statistical inference, underpinning research across the social, medical, and natural sciences. At their heart, these methods ...

This is a preview. Log in through your library . Abstract Within a survey of mountain forest types in the Swiss Alps, we compared three statistical sampling methods, i.e. stratified random sampling of ...

Try dropping the words "statistical sampling" while in conversation with a Republican politician and watch the sizzle. Why does such a nerdy blending of adjective and noun inflame GOP lawmakers like ...

A research team has developed a novel direct sampling method based on deep generative models. Their method enables efficient ...