The empirical rule describes how points are clustered in a normally-distributed data set. It states that 95% of data fall ...

Flickr via Google Images Standard deviation is a concept that's thrown around frequently in finance. So what is it? When working with a quantitative data set, one of the first things we want to know ...

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 ...

This is a preview. Log in through your library . Abstract Several simple estimates of the mean and standard deviation of a normal population are discussed. The efficiencies of these estimates are ...