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 ...
Stratified sampling more effective than random sampling for detecting contaminants in infant formula
Producers of infant formula employ comprehensive food safety systems, including product testing to ensure those systems are working. A new study from the University of Illinois Urbana-Champaign finds ...
The need for aquatic resource condition surveys at scales that are too extensive to census has increased in recent years. Statistically designed sample surveys are intended to meet this need. Simple ...
In spatial surveys for estimating the density of objects in a survey region, systematic designs will generally yield lower variance than random designs. However, estimating the systematic variance is ...
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