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In this blog, you will know about the important application of statistics. We know that statistics is a very important subject and also it is a hard one. The majority of students think that why they are studying statistics and what are its applications in our daily life. So don’t worry, in this article, we […]
Top 10 Most Important Application of Statistics in Daily Life Read More »
If you do not have enough knowledge of statistics, then there is the chance that you feel like a trap by various statistics problems. T score vs z score is those two terms, which can confuse you. But don’t worry, as I have explained all the necessary things related to t score and z score.
What Is The Difference Between T Score VS Z Score? Read More »
In our daily lives, economics plays an important role. Understanding past, future, and present economic models enable one to employ them in economies, governments, industries, and individuals. To students, we will tell why economics is important, subject to study. For college-going students, it is a very important subject. If you are facing any problem and
What Is Economics And Why Economics is Important? Read More »
Probability sampling is a sampling technique in which a researcher uses a tool based on probability theory to select samples from a larger population. If a person is to be considered a probability sample, he or she must be chosen at random. The essential requirement for probability sampling is that everybody in your population has an
What are probability sampling and types of probability sampling? Read More »
Do you know weather forecasters use different types of statistical analysis for predicting the weather? No, you might be not! Well, the computer use in weather forecasting is set on the statistics functions. All these functions compare the weather condition with the pre-recorded seasons’ conditions. Different statistical concepts can easily applied to real life, like
A Powerful Guide on Types of Statistical Analysis? Read More »
It does not matter which discipline a person belongs to. You have to come across quantitative research data once or multiple times in life. Most people often come across one or numerous questionnaires or surveys. Let’s take an example of quantitative research. A survey is conducted to determine how much time a shopkeeper takes to
Types of Quantitative Research | An Absolute Guide for Beginners Read More »
It has been observed that business case studies have a huge impact on marketing. When the business person analyzes cost time and puts efforts into generating marketing strategies, it will become easy to make major tactics to get new clients. But, it has been seen that several business persons do not have any idea regarding
How to Write A Business Case Study: Some Important Tactics Read More »
“There are three kinds of lies: lies, damned lies, and statistics.” ~ Mark Twain. Whenever you read about the misuse of statistics, you might be thinking statistics can misguide you. If yes, then why do people do this, and how is it possible? The below picture has explained how the data is misleading you. You
Misuse of Statistics- What Leads to The Misuse of Statistics Read More »
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 effectively. Thus, statistical significance is one of such leading methods. It is basically used to
An Absolute Guide On The Significance in Statistics Read More »
As we all know that probability in statistics states the chance or the likelihood that an event or instance will occur. Meaningly, if you want to study what is the chance of happening in particular even out of all the possible events and point to remember here is that the chance or likelihood of happening
Tutorial on How to Solve Probability Problem Like A Professional Read More »
