When testing new treatments, drugmakers must show that their formulation bears out better results than a placebo in clinical trials. In fact, the new drug must outperform the placebo by a ...

Calculate P/B ratio by dividing stock price by book value per share. A lower P/B may signal an undervalued stock, but verify with other metrics. Use P/B for tangible asset companies; it’s less valid ...

How many statisticians does it take to ensure at least a 50 percent chance of a disagreement about p-values? According to a tongue-in-cheek assessment by statistician George Cobb of Mount Holyoke ...

Imagine, if you dare, a world without P values. Perhaps you’re already among the lucky participants in the human race who don’t know what a P value is. Trust me, you don’t want to. P stands for ...