David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Almost regardless of your view about the predictability or ...
Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...
The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...
Building a good sales forecast involves techniques that fall somewhere between science and art. While it is possible to construct a rigorous objective forecasting model, the human element in sales ...
It is certain that this bus will either be late or not late, which is a probability of 1 The missing value of a probability can be worked out by subtracting the known probabilities from 1 (100% when ...
Introduction Have you ever heard anyone say the chance of something happening is “50–50”? What does that actually mean? This phrase has something to do with probability. Probability tells you how ...