While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

Learn what residual standard deviation is, how to calculate it in regression analysis, and why it's crucial for measuring predictability and goodness-of-fit in data modeling.

Microsoft Excel is a popular platform that consists of features, such as calculation, graphing tools, pivot tables, and a macro programming language known as Visual Basic for Application (VBA). Users ...

The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

Using Microsoft Excel you can create charts based on the data and formulas entered in a worksheet. Enter a sample range of numbers in Excel as if you were at an event asking people their ages, for ...

Reviewed by Eric Estevez It's possible to calculate the standard error in MATLAB by running a one-line command. Standard ...

An animated guide explaining how the standard devition can give you a clearer picture of a sample than averages alone. An example involving zoo keepers and some very dangerous animals demonstrates ...

An animated guide to mean, median and mode. The Clappy boys need to have the right average age to accepted for a recording contract. This clip demonstrates that the different types of average can ...