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 ...

A simple procedure for deriving the probability density function (pdf) for sums of uniformly distributed random variables is offered. This method is suited to introductory courses in probability and ...

The first step is to ensure that the given distribution actually is a valid probability distribution. As mentioned earlier, ...

The Monthly publishes articles, as well as notes and other features, about mathematics and the profession. Its readers span a broad spectrum of mathematical interests, and include professional ...

Bernstein polynomial estimation provides a robust nonparametric technique for approximating both density and distribution functions. Based on the properties of Bernstein polynomials, which uniformly ...