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 ...

Conventional statistical methods often test for group differences in a single parameter of a distribution, usually the conditional mean (for example, differences in mean body mass index (BMI; kg m −2) ...

The art and science of modeling returns of financial assets is forever unsatisfying because no one model fully captures the true behavior of asset performances. The one-year distribution, in short, ...

Imagine you're at a fair, and you see a booth with a giant dartboard. The booth owner challenges you to hit the bullseye. You take your shot, and the dart lands somewhere on the board. Now imagine ...