Category: Statistics

It’s a widely accepted notion that money influences happiness, a concept famously associated with Nobel laureate Daniel Kahneman, who purportedly demonstrated that emotional wellbeing increases with income but plateaus beyond an annual threshold of about $75,000.

This idea has permeated both academic circles and popular media, reinforcing the belief that there’s a direct correlation between financial prosperity and happiness. But how accurate is this belief when we scrutinize the data more closely? To find out read on!
Continue reading “Can Money Really Buy Happiness? Or How to Lie with Statistics in Science”

The geopolitics of the Middle East has always been complex, with its share of conflicts and political unrest. Numerous theories have been proposed to dissect the underpinnings of the region’s political instability.

One such theory, known as the Youth Bulge Theory, asserts that a high proportion of young people within a population can lead to political instability and even violence. This theory could provide an illuminating perspective on the dynamics of the Middle East conflicts.

If you want to understand this most important ingredient of the ongoing conflict, read on!
Continue reading “The Forgotten Factor in the Middle East Conflict | Youth Bulge Theory”

Election polls play a crucial role in predicting the outcome of elections and shaping public opinion. However, it’s important to understand that the results of any single poll should be taken with a grain of salt.

Many polls only ask about 1,000 people about their political preferences, which is quite small in comparison to the often millions of voters. So, how reliable are those results? Or in other words, how confident can we be in the results? To understand some of these intricacies, read on!
Continue reading “Confidence Intervals in Election Polling: Understanding the Uncertainty of Political Forecasting”

The 21st century has been marked by a series of global crises – from environmental degradation and pandemics to economic instability and political unrest.

As we hurtle forward towards the future, it’s becoming increasingly clear that the challenges we face as a species are numerous and interlinked, the word “polycrisis” is making the rounds.

These pressing issues raise the question: will humanity survive in the long term, or are we facing extinction – and if so, when? If you want to learn about a method to predict doomsday, read on!
Continue reading “Polycrisis: When Will the World End? Professor Gott’s Equation Gives an Answer! (Also as a Video!)”