Most players know how to place a bet in roulette. Fewer know how each bet behaves over time. Behind every spin, there is a ...

Somewhere back in your middle school and high school math classes, you no doubt learned about the mean and standard deviation as fairly fundamental concepts in arithmetic and statistics. You also knew ...

Every year I hear the same argument coming up among fantasy-obsessed people like you and me. The debate? Taking a top-tier quarterback in the first two rounds. One side of the argument says that ...

While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...

Standard deviation is a measurement of market volatility. Learn how investors use standard deviation in the MoneySense Glossary. Standard deviation (σ) is an investing metric used to measure the ...

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 ...