Over the last few decades, Lean Six Sigma has become an integral part of the world of business. It is one of the most ...

The diameters of 50 steel rods are measured and saved as values of the variable DISTANCE in the following data set: * data measures; input diameter @@; label diameter='Diameter in mm'; datalines; ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

A bell curve is a graph used to visualize the distribution of a set of chosen values across a specified group that tend to have central, normal values that peak, with low and high extremes tapering ...

In this article we review two historical approximations to the Poisson and binomial cumulative distribution functions (CDFs); that is, the Wilson—Hilferty and Camp—Paulson approximations. Both of ...

This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Data Science, BSc in Econometrics and Mathematical ...