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 ...
Just days after the Treasury Department criticized Standard & Poor’s for “a $2 trillion mistake” in the math it used to justify its credit downgrade of the United States, the ratings firm sent a ...
Last month in Points of Significance, we showed how samples are used to estimate population statistics. We emphasized that, because of chance, our estimates had an uncertainty. This month we focus on ...