Content by Jim Colton

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Jim Colton
How many samples do you need to be 95-percent confident that at least 95 percent—or even 99 percent—of your product is good? The answer depends on the type of response variable you are using—...
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Jim Colton
Purchasing a used car can be stressful due to all the factors that must be considered. Websites such as www.cars.com provide a wealth of information, but how do you navigate through it all to find...
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Jim Colton
Story update 12/13/2011: Additional information was added to the first paragraph pointing out the connection between FDA requirements and statistical tools. According to a September 2010 interview...