This collection, created by John McClain of Cornell University, of macros for Microsoft Excel addresses numerous topics like decision trees, the Central Limit Theorem, queueing, critical path analysis, regression with...

Given the population incidence of a certain disease, and the conditional probabilities of positive and negative test results, what are the probabilities for a particular test result of a true positive, true negative,...

This applet, created by David Hill and Lila Roberts, uses the Monte Carlo technique to simulate a count of bacteria that are present as a result of a certain sampling process. This simulation could be modified to perform...

As business is one of the most popular undergraduate majors in the United States, it stands to reason that there are a number of specialized textbooks and supporting instructional materials that are dedicated to various...

The following pages calculate r, r-squared, regression constants, Y residuals, and standard error of estimate for a set of N bivariate values of X and Y, and perform a t-test for the significance of the obtained value of...