article thumbnail

73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Fortunately I was mostly a technology consultant, which meant that I coded computers, designed databases and planned system integration projects. This type of statistical error is known as “selective bias.&#.

article thumbnail

With Phase 2 Data in Hand, Ovid Eyes Multiple Pivotal Trials for Epilepsy Drug

Xconomy

The study was small and was not designed to show statistical significance. On Wednesday, New York-based Ovid (NASDAQ: OVID ) reported Phase 2 results showing that the molecule, soticlestat, reduced the frequency of epileptic seizures in CDKL5 deficiency disorder (CDD) and chromosome 15q duplication (Dup15q) syndrome.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

USC Marshall Combines MBA, STEM

socalTECH

According to the Marshall School, the "STEM specialization" will include certification in areas such as statistics, data analytics, operations and supply chain optimization, finance, forecasting, and digital marketing and modeling. Department of Homeland Security. READ MORE>>.

USC 133
article thumbnail

Famous Birthdays Focuses On Finding Celebrity Facts

socalTECH

From the annual search statistics from Google and Bing , it''s clearly information about celebrities. The startup--the brainchild of Evan Britton--has been ramping up its efforts recently, having just launched a brand new responsive web design which optimizes the site for mobile phones and tablets, in addition to desktop web browsers.

article thumbnail

Why Massive Cryptocurrency Selloffs Highlight a Tech Industry Downturn

Tech.Co

In this case, it's a memo from the US Bureau of Labor Statistics saying that consumer prices in April were higher than expected. Stablecoins are just what they sound like: Cryptocurrencies designed to keep a stable worth of $1. If Bitcoin continues losing value, the country may go into default on its debt obligations.

article thumbnail

IntraStage Raises Angel Funding

socalTECH

San Diego-based IntraStage , a developer of quality management software for companies who design and manufacture electronic products, including statistical process control (SPC) and other testing and data analytics tools, has raised a round of angel funding. Other investors were not disclosed.

Angel 140
article thumbnail

5 Keys To Starting New Trends Rather Than Following

Startup Professionals Musings

For example, Lyft and Uber were able to capitalize on the current ride-sharing trend worldwide by tracking statistics that indicated reduced interest in car ownership by millennials, lack of parking spaces, and auto ownership costs moving up rapidly.

Startup 124