What is non-normal data? Normally distributed data is a commonly misunderstood concept in Six Sigma. Some people believe all data collected and used for analysis must be distributed normally. But ...

Learn the NumPy trick for generating synthetic data that actually behaves like real data.

The normal distribution is a concept in statistics that assumes all values are distributed in the same pattern. It requires symmetry and consistent proportions in the distribution of values. Normal ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) D. Brian Blank, Mississippi State University and Gary F. Templeton, West Virginia ...

When business researchers analyze data, they often rely on assumptions to help make sense of what they find. But like anyone else, they can run into a whole lot of trouble if those assumptions turn ...