The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

Standard deviation is a widely used metric to ascertain the investment risk of mutual funds. The concept of Standard Deviation becomes important when you invest in a market-linked product like mutual ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...

The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...

This is a preview. Log in through your library . Abstract Several simple estimates of the mean and standard deviation of a normal population are discussed. The efficiencies of these estimates are ...

As a business owner, you are constantly figuring out what your current customers want and what your potential customer needs. The data can be tracked in a variety of ways, from polls and surveys to ...

In response to my article, Is the Stock Market Too Concentrated?, which relied upon standard-deviation calculations to assess investment risk, a reader wrote: “My problem [with your argument] is ...