Animator Shuyi Chiou and the folks at CreatureCast give an adorable introduction to the central limit theorem – an important concept in probability theory that can reveal normal distributions (i.e.

Everyone agrees the normal distribution isn't a great statistical model for stock market returns, but no generally accepted alternative has emerged. A bottom-up simulation points to the Laplace ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...