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 ...

Using Microsoft Excel you can create charts based on the data and formulas entered in a worksheet. Enter a sample range of numbers in Excel as if you were at an event asking people their ages, for ...

An asset's standard deviation tells you how much its returns vary from its average. You can quickly calculate or look up the standard deviation of different assets. A high standard deviation can ...

Learn how using historical data, instead of standard deviation, offers a more accurate assessment of stock volatility and risk management strategies.

The hedge-fund return patterns are more important than historical returns. In our first article about hedge funds for Financial Advisor, we indicated that the pattern of returns was more important ...