In many situations, the volunteers are ranked with the aid of using judges, or the measurements had been taken for 2 variables are assigned ranks inside the samples independently.
Now it’s miles preferred to understand the quantity of affiliation among the ranks.
Major Components of Time Series Analysis, There are four different components of a time series, namely: Components of Time Series Secular Trend Seasonal Variation Cyclical Variation Irregular Variation Secular Trend It measures long term...
Business forecasting, The success of any kind business depends on its future estimates. Based on these estimates, the team or business person plan his prediction, stocks, selling markets, expansion of plans, arrangements of additional...
What are the uses of Index Numbers?, Various uses of index numbers are described in this article. Let’s check what is index number? Index numbers are also known as economic barometers because they reveal...
Minimum number of units in an Experimental Design, The minimum number of units in an experimental design, there are mainly nine factors that are responsible for determining the number of replications. The extent of...
Measures of Central Tendency, Mean, Median and Mode Definition, Measure of central tendency is a single value, the value lies within the range of data, it is known as a measure of central tendency....
Coefficient of variation Example and how to identify whether the variation is acceptable or not? The coefficient of variation is the ratio of the standard deviation and the mean. Usually, it is expressed in...
Data analytics Interview Questions and Answer are a major part of the data science interview and the path to becoming a data analyst, data scientist, machine learning engineer, data engineer, or statistician. Top 10...
Best standard deviation- Our brains aren’t good at dictating small relationships or variations, such cases statistics is the only one way to measure the facts. Statistics is the medium of summarizing data points into...
Sample Size Calculation Formula, In this article discussing about Sampling and sample size calculation formula. Sampling is part of our day-to-day life which we use knowingly or unknowingly. A simple example of sampling is...
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