Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...
The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...
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Dealing with Non-normal Data: Strategies and Tools
What is non-normal data? Normally distributed data is a commonly misunderstood concept in Six Sigma. Some people believe all data collected and used for analysis must be distributed normally. But ...
Everyone agrees the normal distribution isn't a great statistical model for stock market returns, but no generally accepted alternative has emerged. A bottom-up simulation points to the Laplace ...
Animator Shuyi Chiou and the folks at CreatureCast give an adorable introduction to the central limit theorem – an important concept in probability theory that can reveal normal distributions (i.e.
Excel-maker Microsoft and Anaconda, a key distributor of Python tools, unveiled a collaboration this week that will see Python integrated with Excel. The new Anaconda Python Distribution in Excel, ...
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