Statisticians frequently assume that data follow a normal distribution when developing statistical methods and performing practical data analysis. In most introductory statistics textbooks, the ...

The normal distribution (also known as the Gaussian distribution) is arguably the most important distribution in Statistics. It is often used to represent continuous random variables occurring in ...

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 ...

This paper deals with the order statistics from the normal distribution. Equations are obtained for the percentage points and the modal values of the kth order statistic in a sample of size n. Table I ...

The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...

With years of data from professional Dota 2 in our hands, we take a look at closely games adhere to a normal distribution, also known as the bell curve. If you have been through a basic statistics ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Ryan Eichler ...

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...