A forgotten Guinness brewer's alternative approach could have prevented 100 years of mistakes in medicine, economics, and ...

A probability distribution of a random variable describes how the probabilities are distributed over the possible values of the random variable. A probability distribution shows the likelihood of ...

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 ...

Abstract: Probability density function (PDF) curves are among the few charts on a Cartesian coordinate system that are commonly presented without y-axes. This design decision may be due to the lack of ...

Carley is a writer, editor and social media professional. Before starting at Forbes Health, she wrote for Sleepopolis and interned at PBS and Nickelodeon. She's a certified sleep science coach and ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

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 ...