An Excel workbook called DemandCurve.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard consumer theory optimization problem and then derive a ...

Gaussian curves, normal curves and bell curves are synonymous. Each represents how statistical data with normal distribution plots on a graph. Normal distribution describes a particular way statistics ...

A demand schedule and demand curve both show the same data, just in different forms. When you examine the relationship between quantity and price by looking at the raw data in a table, you're looking ...

The Salon Marketplace team writes about stuff we think you’ll like. Salon has affiliate partnerships, so we may get a share of the revenue from your purchase. Consumers are creating more data than ...