Category: Statistics

Experimental design in research 0

Experimental Design in Research | Quick Guide

Experimental design in research, In this tutorial we are going to discuss what are the requirements of a good experimental design. There are three requirements of a good Experimental Design in Research, Randomization Replication...

What are statistical data 0

What is statistical data? Functions, Methods, and Types

Statistics is the science which deals with collecting, classifying, presenting, comparing, and interpreting data collected from any sphere of inquiry.

The statistics convert meaningless numbers into valuable information and thereby giving life to lifeless data.

How to measure the association between the ranks? 0

How to measure the association between the ranks?

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.

Components of Time Series 0

Major Components of Time Series Analysis

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...

Measures of Central Tendency 0

What is business forecasting?

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...

uses of Index Numbers 1

What are the uses of Index Numbers?

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 0

Minimum number of units in an Experimental Design

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...

Coefficient of variation Example 0

Coefficient of Variation Example

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 0

10 Data analytics Interview Questions and Answer

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...

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