The choice of non-linear transformations in the analysis of data can frequently be simplified by restricting the possible transformations to a particular family. Tukey has shown that the "simple ...

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 ...

Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

An interdisciplinary team of University of Tennessee, Knoxville researchers recently published in Biophysical Journal on their development of a new statistical method that improves analysis in ...

Mitchell Grant is a self-taught investor with over 5 years of experience as a financial trader. He is a financial content strategist and creative content editor. Timothy Li is a consultant, accountant ...