Statistical analysis plays an important role in the field of business, government funding, and much more. With the increase of global actions and advancement in technology, statistics has even more significance in analyzing various marketing strategies for businesses and much …
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Statistics is the mathematical expression of large data in a presentable manner so that data analysts can analyze such data and make decisions and predictions thereon. There are various statistical methods used to make such decisions and predictions efficiently and …
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Several students are struggling with the problem of mathematics numeric problems. A study shows that almost 30% of students are unable to solve quantitative problems. Therefore, in this blog, you will find effective solutions for how to solve statistics problems. …
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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