While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

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 ...

In today’s article, we’re wrapping-up our introductory series on fundamental statistics by talking about how knowledge of statistical quantities like the mean and standard deviation can help you ...