In March 2011 a highly respected psychology journal published a paper claiming to provide evidence for extra-sensory perception (ESP). The claim was based largely on the results of a very common statistical procedure called significance testing. The experiments provide an excellent way into looking at how significance testing works and at what's problematic about it.
Insurance companies offer protection against rare but catastrophic events like hurricanes or earthquakes. But how do they work out the financial risks associated to these disasters? Shane Latchman investigates.