This Might Throw You for a Curve

This Might Throw You for a Curve

In statistics class, everyone learns about the bell curve and normal distributions.  Understanding the concept of standard deviation is essential when using the bell curve. According to Investopedia, standard deviation is “a measure that is used to quantify the amount...
Average Returns & What They Really Mean

Average Returns & What They Really Mean

If you were planning a vacation to Dallas, Texas, you might hire a travel agent to give you tips that will help you pack appropriately.  The agent might tell you that the average annual temperature in Dallas is 64 degrees.  Guess what? It’s almost never 64 degrees in...