Let’s imagine that we are studying a species of beetle. The beetles come in many different colors, and we want to know how common the orange (O) coloring is in this population. This population of ...

Respondent-driven sampling (RDS) is widely used for collecting data on hard-to-reach populations, including information about the structure of the networks connecting the individuals. Characterizing ...

We propose two novel logarithmic ratio–type estimators for the finite-population mean under simple random sampling without replacement (SRSWOR). The estimators integrate a logarithmic transformation ...

Though conceptually appealing, it is impossible to fully account in practice for all the individual decisions and behaviors that constitute the nation’s water use. Nevertheless, statistical sampling ...

Accurate forest volume estimation is crucial for sustainable forest management, but the most commonly used methods often rely on models that may not always be applicable across different tree species ...

A new update to the Medicare Program Integrity Manual offers healthcare providers and suppliers more details on how Medicare contractors should perform statistical sampling and when extrapolation of ...

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 ...