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When business researchers analyze data, they often rely on assumptions to help make sense of what they find. But like anyone else, they can run into a whole lot of trouble if those assumptions ...
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Dealing with Non-normal Data: Strategies and Tools - MSN
What is non-normal data? Normally distributed data is a commonly misunderstood concept in Six Sigma. Some people believe all data collected and used for analysis must be distributed normally. But ...
One of the most common assumptions in data analysis is that the numbers will follow a normal distribution – a central concept in statistics often known as the bell curve.
Statistics shows data is often grouped on a bell curve distribution, but a business study reveals that extreme outliers can skew research – with big implications.
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