More than ever, businesses need ways to improve their operations to better gain, serve, and retain customers while reducing costs and improving margins.

In part one we found that the skewness and kurtosis parameters characterize the tails of a probability model rather than the central portion, and that because o

Berkeley Lab scientists and their colleagues have discovered a new relation among electric and magnetic fields and differences in temperature, which may lead to more efficient thermoelectric devices that convert heat into electricity or electricity into heat.

Empire building is the pinnacle and most extreme level of the pyramid of bureaucracy.

While playing her role as Maria Kutschera in The Sound of Music, Julie Andrews once sang about her favorite things, among which were geese flying with the moon on their wings, doorbells, and brown paper packages.

With the use of statistical software, many individuals are being exposed to more than just measures of location and dispersion. In addition to the average and standard deviation, they often find some funny numbers labeled as skewness and kurtosis.

These days small-business owners are faced with the difficult task of doing much more with a lot less.

In a 2009 book review for Bukisa.com, a blogger named Khead quoted from Malcolm Gladwell’s book, The Tipping Point (Little, Brown and Co., 2000): “‘In order to create one contagious movement, you often have to create many small movements.’ This is one detail

It’s now been about four years since the Dow began its precipitous decline, and about three since the invention of the expression “too big to fail” entered our lexicon. Two years ago, the U.S.