We provide a basic review of the data screening and assumption testing issues relevant to exploratory and confirmatory factor analysis along with practical advice for conducting analyses that are ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Community driven content discussing all aspects of software development from DevOps to design patterns. If a developer wants to build a workflow, shell script or build job of any merit, they’ll need ...

Abstract: Moments of continuous random variables admitting a probability density function are studied. We show that, under certain assumptions, the moments of a random variable can be characterized in ...

If you’ve ever shuffled a deck of playing cards, you’ve most likely created a unique deck. That is, you’re probably the only person who has ever arranged the cards in precisely that order. Although ...

Well-run businesses strive to find examples of continuous improvements in the workplace. As these improvements increase the bottom line, managers look for methods to find a measurable gain that can ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

What Is A Probability Density Function? A probability density function, also known as a bell curve, is a fundamental statistics concept, that describes the likelihood of a continuous random variable ...

Roll a die and ask students to identify the random variable. Since a die can only take on values of 1, 2, 3, 4, 5, or 6, this is a discrete random variable. Repeat ...