When you use the statistical analysis features in Excel, you are leveraging one of the most powerful tools available for data manipulation and interpretation. Excel is not just a spreadsheet ...

MIT researchers have developed a method that generates more accurate uncertainty measures for certain types of estimation. This could help improve the reliability of data analyses in areas like ...

Various statistical forecasting methods exist designed for use with slow-moving products, new product introductions, stable mature products and products with erratic demand. Determining which ...

While you are enjoying a freshly poured pint of Guinness, the last thing you might be thinking about is statistics. Statistics is an important branch of mathematics that have recently re-incarnated ...