The first of the Massachusetts Institute of Technology’s (MIT) half online, half in-person supply chain management master’s degree programs is making a profit and bringing dozens of new degree-seeking students to campus.

It’s been a while since I’ve written about statistics. So in this column, I will be looking at the rules of three and five. These are heuristics, or rules of thumb, that can help us out. They are associated with sample sizes.

“All animals are equal, but some animals are more equal than others.”
—George Orwell

There was a lot of ground to cover on this week’s show… fortunately we had drones (I mean, unmanned aircraft systems) to help us cover it all. Here’s a quick flyby:

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