Various statistical forecasting methods exist designed for use with slow-moving products, new product introductions, stable mature products and products with erratic demand. Determining which ...

Peter Westfall is a distinguished professor of information systems and quantitative sciences at Texas Tech University. He specializes in using statistics in investing, technical analysis, and trading.

Data analysis is a fundamental process in any project. However, data can be lumped into different types, with categorical and continuous data seeming almost opposed at first glance. That said, ...