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 ...

This note suggests that expressing a distribution function as a mixture of suitably chosen distribution functions leads to improved methods for generating random variables in a computer. The idea is ...

P-values are taught in introductory statistics classes in a way that confuses many of the students, leading to common misconceptions about their meaning. In this article, we argue that p-values should ...