John G. Martin writes: Although the FCA and most provider contracts with insurance companies do not discuss statistical sampling and extrapolation, it has become routine for the government ...

The efficiency of Monte Carlo simulations is significantly improved when implemented with variance reduction methods. Among these methods, we focus on the popular importance sampling technique based ...

Systematic sampling is low risk, controllable and easy, but this statistical sampling method could lead to sampling errors and data manipulation.

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 ...

Researchers use the simple random sample methodology to choose a subset of individuals from a larger population. While easier to implement than other methods, it can be costly and time-consuming.

If a taxpayer calculates research tax credits using an appropriate statistical sampling method on its tax return, does the taxpayer then make a prima facie case in the Tax Court by introducing ...