The Maxwell–Boltzmann distribution describes the probability distribution of molecular speeds in a sample of an ideal gas. Introduced over 150 years ago, it is based on the work of Scottish physicist ...

Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.

Aim This study evaluates if characteristics (eg, location, size, volume) of clusters of defects on an initial visual field ...

The normal distribution is a continuous probability distribution that is symmetrical, bell-shaped, and centred around its mean. It is one of the most important distributions in statistics because many ...

If the characteristic value estimated by this equation is higher than that obtained by a given probability distribution model, this implies overestimating wood strength and underestimating it ...

Abstract: Capability analysis seeks to estimate the probability that a process will produce compliant products. The capability indices are dimensionless parameters that measure how well the process ...

All of statistics and much of science depends on probability—an astonishing achievement, considering no one’s really sure what it is ...

On the latest Planet Normal podcast, which you can listen to using the audio player above, columnists Liam Halligan and Allison Pearson speak to Bernadette Spofforth, the business leader turned free ...

Key Points NORMSINV is an Excel function used along with normal distributions. It allows you to conduct calculations faster ...

Key Points Normality refers to how your data fits into a normal distribution. You can find out if your data is uniform by ...

You can use the RAND () function to establish probability and create a random variable with normal distribution.