This article addresses a gap in many, if not all, introductory mathematical statistics textbooks, namely, transforming a random variable so that it better mimics a normal distribution. Virtually all ...

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 ...

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 ...

Demand forecasting is the process of analyzing customer demand and determining the number of units required to maintain sufficient supply without shortage or overstock. This form of inventory ...