Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

Richard A. Kronmal and Arthur V. Peterson, Jr. The alias method of Walker is a clever, new, fast method for generating random variables from an arbitrary, specified discrete distribution. A simple ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The general mixture method for the computer generation of random variables from a source of (pseudo) uniform (0,1) random numbers is reviewed. It is shown that several of the general tools commonly ...

A surprisingly common, but tricky, mini-task in the area of machine-learning software is generating distinct, random array indices. For example, if you have an array with 10 cells, you may want to ...