The T-Value is a common statistical calculation with a very wide range of applications. In the business world, it can help in making educated financial predictions and projections. For example, a ...

We are developing a project that collects data from diverse sources. Then we need to calculate complex statistics from the data collected. Currently, we just dump all data collected to tables and ...

When collecting sets of numeric data that represent sales, customer survey results or other business-related outcomes, you can divide your values in four segments called quartiles. These data ...

Human brains are constantly processing data to make statistical assessments that translate into the feeling we call confidence, according to a study published May 4, 2016 in Neuron. This feeling of ...

MINSK, 22 August (BelTA) – Belarus’ National Statistical Committee (Belstat) is to improve its GDP calculation methods, Chairwoman of the National Statistical Committee Inna Medvedeva told BelTA. A ...

The brain produces feelings of confidence that inform decisions the same way statistics pulls patterns out of noisy data. This feeling of confidence is central to decision making, and, despite ample ...