Your March Madness chances, or putting a quintillion into focus

Your March Madness chances, or putting a quintillion into focus

You — as part of the 10 percent of the American population who participates in this form of technically illegal gambling — have a 1-in-9.2 quintillion chance of picking the perfect March Madness bracket, says a statistical expert from Washington University in St. Louis.
Performance-based pay linked to employee mental-health problems, study shows

Performance-based pay linked to employee mental-health problems, study shows

In the first big-data study combining objective medical and compensation records with demographics, researchers at Washington University in St. Louis and Aarhus University in Denmark discovered once a company switches to a pay-for-performance process, the number of employees using anxiety and depression medication increased by 5.7 percent over an existing base rate of 5.2 percent.
Research on the wisdom of crowds: Making the bandwagon better

Research on the wisdom of crowds: Making the bandwagon better

Before customers jump on the bandwagon of online crowd information and buy a dinner, a book, or a movie ticket, suppose there were a way to make the bandwagon better? That’s the central question behind “Harnessing the Wisdom of Crowds,” a research paper co-authored by Washington University in St. Louis’ Xing Huang and published in the journal Management Science.
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