Anyone familiar with basic statistics is familiar with the concept of a bell curve. A bell curve is a visual representation of normal data distribution, in which the median represents the highest ...

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...

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).

The normal distribution (also known as the Gaussian distribution) is arguably the most important distribution in Statistics. It is often used to represent continuous random variables occurring in ...

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