 | From the Editor's Desk
A Refresher on Statistical Significance When you run an experiment or analyze data, you want to know if your findings are “significant.” But business relevance (i.e., practical significance) isn’t always the same thing as confidence that a result isn’t due purely to chance (i.e., statistical significance). This is an important distinction; unfortunately, statistical significance is often misunderstood and misused in organizations today. And yet because more and more companies are relying on data to make critical business decisions, it’s an essential concept for managers to understand.
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WorkInflation Holds Roughly Steady Ahead of Fed Meeting   Ms. Uruci said that the stickiness in housing costs in Tuesday’s report likely “pushes any expected cuts to later in the year.” Policymakers will not want to reverse course at a moment when price increases might get stuck at a still-elevated rate. WorkThames Water says it can't pay back £190m loan  Committee member Barry Gardiner said that amounted to Thames having the regulator \"by the short and curlies\" - suggesting that if Ofwat did not agree to the rise, it would essentially trigger a quasi-nationalisation that would cost the taxpayer billions. | � | | WorkBill Ackman’s Campaign Against Harvard Followed Years of Resentment  Those sensitive to the perception that a wealthy alumnus could exert such influence over the school mounted a campaign to back Dr. Gay. Mr. Ackman maintains support from some corners of campus, including Jewish groups who feel that the university was too slow to forcefully condemn the Hamas attack and has since equivocated on threatened violence against Jewish students. Mr. Ackman noted that he met with 230 Jewish students in a town hall on a recent trip to campus. WorkAmazon is still selling the clothes hook spy cameras it's being sued over  “I know there can be good reasons why someone deploys an in-home surveillance camera, but I’m less clear on the appropriate use cases for a surreptitious hook camera. At the same time, the court’s analysis could indicate that all surreptitious hook cameras are categorically illegal to sell, even when buyers plan to use it completely legally. That makes this a dangerous ruling for the spycam industry and for Amazon. At the same time, I’m curious to hear more about what Amazon’s Product Safety team thought when it evaluated this item.” | � | | | | � | | | | WorkThe Iron Claw review: Wrestling drama is 'shallow' and 'bland'  The drama eventually picks up when the disasters begin to hit. A quick internet search can tell you about the tragedies, but they are surprises in the film, and shouldn\'t be spoiled. Durkin doesn\'t depict the events, just the aftermath and effect on the family. Those few deft touches don\'t go very far, though. A bit of sibling rivalry near the end lands as a relief, signalling – much too late – that these brothers are human after all. WorkCost-of-living payment date set for February  On legitimate payments, there will be a reference on a recipient\'s bank account of their national insurance number, followed by DWP COL, or the reference HMRC COLS for those who are eligible through tax credits. WorkWorkThe Challengers Weighing a Run at San Francisco’s Mayor  The performances, which vary in tone and material, have piqued the interest of passengers and residents along his route, many of whom have been moved by the soulful sets. Myers has even won a few loyal fans who now look forward to his nightly stops and the chance for some music. WorkWorkVirgin Media 'fastest wi-fi' advert banned by watchdog  In a statement Virgin said it was \"surprised and disappointed\" by the ruling. \"Given no consumers complained about the advert, and independent polling has shown the majority of people correctly understood what our claim meant, it\'s slightly baffling that the ASA has ruled in this way,\" a spokesman said. WorkWorkE3: Once world's biggest gaming show permanently axed  ESA President and CEO Stanley Pierre-Louis said in a statement: \"ESA\'s focus and priority remain advocating for ESA member companies and the industry workforce who fuel positive cultural and economic impact every day.\" WorkWorkWorkWorkWorkWorkWorkNikki Haley Endorsed by Gov. Chris Sununu of New Hampshire  Shane Goldmacher is a national political correspondent, covering the 2024 campaign and the major developments, trends and forces shaping American politics. He can be reached at shane.goldmacher@nytimes.com. More about Shane Goldmacher WorkWorkWorkBlue Origin aims to launch first New Shepard rocket in over a year  The New Shepard rocket launches from Blue Origin\'s private facility in West Texas, carrying people and payloads above 100 kilometers, or more than 340,000 feet, for a couple minutes of weightlessness. The capsule is flown autonomously, with no human pilot, and floats down with the assistance of a set of parachutes to land in the Texas desert. The New Shepard rocket booster is reusable, returning to land on a concrete pad near the launch site. WorkWorkWorkCanada police charge man with 14 counts of murder for mailing poison  In the US, you can call or text the National Suicide Prevention Lifeline on 988, chat on 988lifeline.org, or text HOME to 741741 to connect with a crisis counselor. In the UK and Ireland, Samaritans can be contacted on freephone 116 123, or email jo@samaritans.org or jo@samaritans.ie. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org WorkFrench government vows to push on with immigration bill despite defeat  Bardella said: “We have our own immigration bill, it’s written, it’s ready and it’s a thousand times tougher than the one proposed by the government. We have a thousand and one measures that would give back security to French people, and give them back the fruits of their labour.” WorkBritain to repatriate woman and five children from Syrian camps  Hundreds of women and children were picked up by Syrian Kurdish ground forces as IS was defeated in 2019 by a coalition that involved the US and the UK. Many had travelled from abroad to live under what the terror group said was an Islamic caliphate, although Reprieve argues many of the women were effectively trafficked. WorkBiden warns Netanyahu that Israel attacks on Gaza are alienating allies  While splits are starting to emerge in the US-Israeli alliance, particularly over what the endgame in the Gaza war will be, Biden’s longstanding support for Israel as a Jewish nation remains firm. On Monday night he told a Hanukah party at the White House that “were there no Israel, there would not be a Jew in the world who is safe”. WorkWorkWorkWorkHarvard’s Board Says President Will Stay, Despite Calls for Her Ouster  She also told the newspaper that she had been “caught up” in the exchange with Ms. Stefanik, but that she “should have had the presence of mind” during her testimony to “return to my guiding truth, which is that calls for violence against our Jewish community — threats to our Jewish students — have no place at Harvard and will never go unchallenged.” WorkMedical School Dean Is Chosen to Lead Penn as Interim President  According to The Daily Pennsylvanian, the student newspaper at Penn, Dr. Jameson and the chief executive of the university’s health system sent a letter to the medical school community last week saying that calls for genocide “violate our behavioral standards and remind us that we must forcefully condemn, prevent, and respond to hate in all forms.” WorkLionel Dahmer, Who Agonized About Raising a Serial Killer, Dies at 87  He brought a box to a field on the property around his home, opened it and removed from it an urn that had been sent to him by the prison that had housed Jeffrey. He then removed a bag from the urn and waved it around. Jeffrey’s ashes poured out. He said aloud that he hoped Jeffrey would find a resting place. WorkWorkWorkWorkWorkWorkSeattle Police Investigate Deliberate Hit-and-Runs on Same Night  Detectives combed through 911 call records and hospital admissions, and canvassed the area for witnesses, but have not been able to find the victims, the police said in a statement. It did not appear that the victims were known to the attackers, Officer Weismiller said. |
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