Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

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 ...

Abstract: We derive a closed-form expression for the orthogonal polynomials associated with the general lognormal density. The result can be utilized to construct easily computable approximations for ...

dxxx(x,) returns the density or the value on the y-axis of a probability distribution for a discrete value of x pxxx(q,) returns the cumulative density function (CDF) or the area under the curve to ...

Abstract: We derive the exact probability density functions (pdf) and distribution functions (cdf) of a product of n independent Rayleigh distributed random variables. The case n=1 is the classical ...