While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

The Excel cell formula below calculates the nearest standard 1%-resistor value without using a lookup table or macro. Type or electronically paste the text below into any cell (other than A1). The ...

Rate of return and standard deviation are two of the most useful statistical concepts in business. These two figures will tell you whether a business project is worth the investment and trouble, given ...

Standard deviation is a common statistical measurement and is defined by Oxford Dictionaries as: ‘A quantity expressing by how much the members of a group differ from the mean value for the group.’ In ...