The Central Limit Theorem is a statistical concept applied to large data distributions. It says that as you randomly sample data from a distribution, the means and standard deviations of the samples ...

Cover Story - Packaging Sterile Packaging: Sample Sizes and Statistics Determining appropriate sample sizes for operational qualifications can help manufacturers ensure sterility of medical device ...

When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. T-tests are ...

The Brazilian Journal of Probability and Statistics is an official publication of the Brazilian Statistical Association and is supported by the Institute of Mathematical Statistics (IMS). Starting in ...