Let’s start with a definition of Applied Statistics: Applied Statistics is the root of data analysis. The practice of applied statistics involves analyzing data to help define and determine an ...

Control charts are the primary tools of statistical process control. These charts may be designed by using a simple rule suggested by Shewhart, by a statistical criterion, or by an economic criterion.

If you need to produce visual representations of data you might be interested to know that you can now harness the power of artificial intelligence (AI) using OpenAI’s ChatGPT large language model.

This data hub brings together NerdWallet’s studies and unique analyses of proprietary and third party data across personal finance and economic topics. Our team of writers, experts and analysts design ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Microsoft Excel’s Data Analysis Toolpak is an invaluable add-in for those who require complex statistical or engineering analyses. This powerful feature allows users to execute a variety of data ...

Statistics influence nearly everything. That is, the information and context derived from statistical analysis help to shape important decisions that have local, national, and global impacts. For ...

With the development of next-generation sequencing (NGS) technologies and new sequencers, the exponential growth of biological information generated by the scientific community has brought benefits as ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Technical analysis is ...