Several renowned statisticians have given statistics definitions. Statistics definitions state the circumscribed meaning of statistics and its significance. The subject of Statistics is as old as human civilization. Initially the scope of statistics definitions was limited to Science statecraft. The …
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Here in this blog we are going to share with you everything about statistical control process. And give you the answer the is it the right business strategy for you. Background of Statistical Process Control (SPC) In 1920, Dr. Walter …
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Outliers are considered as the data values which differ considerably from the bulk of a given data set. These data values lie outside the overall trend, which already lies in the data. Outliers are extremely low or extremely high stragglers …
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Economics is one of the crucial parts of our life. It is highly used by financial sector professionals. But economics without statistics is no more useful. Here in this blog, we are going to share with you statistics for economics. …
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Statistics is one of the crucial subjects for students. Almost every student studied statistics in academic life. Therefore it becomes critical that every student should be aware of the statistics terms. It is quite enough for most of the students …
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R is one of the leading programming languages for data science. And we know that data science requires strong command over statistics. Therefore statistics for R become crucial for the data science students. Statistics involves a variety of problems that …
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Hypothesis testing is one of the widely used method in statistics. The statistics students should have a good command over it. In this blog we are going to figure it out that what is statistics hypothesis testing and where can …
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Search today’s topic is probability and probability is one of the most important topics of mathematics. It is present in the curriculum of lower as well as higher classes. Because it helps us in many ways, like from solving mathematics problems …
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Statistics tools are playing a crucial role in running our life. We performed various tests on data to get valuable results from the data. We can get more information from that data if we do the proper experiment on the …
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Statistics is the field of science which is concerned with studying and developing a method for collecting any type of data or we can say for analyzing and presenting any type of data so basically we can say that with …