Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

In this article we propose inferential procedures for a gamma distribution using the Wilson-Hilferty (WH) normal approximation. Specifically, using the result that the cube root of a gamma random ...

The Review of Economic Studies, Vol. 38, No. 3 (Jul., 1971), pp. 381-383 (3 pages) ...

This video describes the central limit theorem and some properties of the normal distribution. Understanding this will help you tie together many of the different types of hypothesis tests and ...

This example considers a data set given in Lawless (1982). The data are the number of days it took rats painted with a carcinogen to develop carcinoma. The last two observations are censored. Maximum ...