# Statistics Homework Help

- What is statistics
- Functions of statistics
- Topics Covered in Our Statistics Homework Help
- Types of Statistics Help Provided By Our Experts
- Why the students need statistics homework help?
- We Covers The Following Tools In Our Services
- Key Features Of Our Services
- The List of Statistics Homework Solution We have Provided by Us

**Table of Contents**

Do you need help with statistics homework, but lack of money? If yes, here is the best opportunity to get help with statistics homework from the experts at your low budget. Here at Statanalytica, we are the team of statistics experts. Our team is offering the best statistics homework help to students across the globe.

**Best Statistics Homework Help**

It is becoming crucial for students. The reason is Statistics is one of the time-consuming subjects for the students. It requires a massive amount of time, along with the focus to do the perfect and high-quality statistics homework. We know that the students don't have enough time to do their homework. Because some other activities also indulge in the statistics course. And the significant thing is statistics have contained a variety of complex subjects. That is why the students are not able to pay attention to their homework.

Because they don't get enough time to do every statistics subject within the given deadlines. That is why the statistics students are looking for the best answer to their question, doing my statistics homework, and getting the best homework help in statistics. In contrast, they look for the best solution to help with my statistics and does homework help statistics.

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**Affordable statistics homework help online service**

You can have a few statistics homework samples to get an idea of their expertise. Our experts are one of the top help with statistics homework providers in the world. We give you the guarantee that you will score A+ grade in your homework if you take the help of a statistic homework solver. You can also clear your doubts from our experts. It is not just a statistics homework help online; it is more than this. It is an opportunity for you to be one of the brilliant statisticians in the world. Our statisticians will help you to learn all the statistics concepts given to you in your homework. So what are you looking for? Submit your work now, and get help with statistics homework.

We are the ones who solve all your problems related to statistics homework. Our expert can help you with the correlation, probability, statistics theorems, statistical tests, and all types of distribution in statistics. We are available online to solve all your queries. Our experts double-check the answer and then deliver the homework to you. Therefore you need to worry about quality. It also helps you to learn the fundamental concepts.

**What is statistics**

Statistics is a significant branch of mathematics. It is one of the most crucial subjects in the world. The primary purpose of statistics is used to perform various operations, i.e., data collection, organization, analyzing, and so on. There are multiple statistical methods to get the conclusion for the data and make the best use of the data. The primary purpose of statistics is to make the raw data more useful for the statisticians.

**Example of statistics**

Suppose that you want to calculate the average number of students who got below 50% in their final exams. Along with their attendance is also below 40%. And they have also scored more than 70% in their recent class tests. You also have to calculate the difference between their marks and other students' marks. We can solve this complex problem with statistical methods.

**Two Major Branches of Statistics**

**Descriptive statistics**

Descriptive statistics is a short descriptive coefficient that summarizes the data set, which can be either a team of the entire or a sample of the population. Descriptive statistics are in the measures of central tendencies and variable measures.

**Types of descriptive statistics**

- Central tendency measures
- Variability measures

Measures of Central Tendency include Mean, Median, and Mode. It is used to find the center point value of the dataset.

The variability measure is a summary statistics that are used to represent the dispersion amount in a dataset. It indicates how far away the data points from the center.

**Inferential Statistics**

Inferential statistics are one of the two main branches of statistics. We use Inferential statistics to take a random sample of data taken from a population to describe and make deductions about the population.

**Types of inferential statistics**

- Regression analysis
- Analysis of variance (ANOVA)
- Analysis of covariance (ANCOVA)
- Statistical significance (t-test)

Regression analysis is one of the best statistical methods. It is used to examine the relationship between two dependent and independent variables with the same interest.

It is the collection of statistical models. ANOCA associated estimation procedures are used to analyze the differences among group means. It was developed by one of the greatest statisticians and biologist Ronald Fisher.

The ANCOVA is the general linear model that is used to blend ANOVA and regression. ANCOVA's primary motive is to evaluate that the means of dependent variables are equal to the categorical independent variable.

Correlation analysis is a statistical method. It is used to evaluate the relationship strength between two independent quantitative variables. If the correlation is high, then the variables may have a strong relationship with each other. If the correlation is weak, then the variables are hardly related to each other.

## Functions of statistics

Majority of students are still not aware of the statistics functions. Here are the top functions of statistics in our life:-

**Presents facts in simple form**

Without statistics, it is hard to understand the facts and figures. Statistics show the facts and data most prominently. Even non-statisticians can understand the facts and figure with the help of statistics. Statistics makes the data more logical and help us to present the data in graphical form. Statistics also help us to merge the figure into a single one.

**Reduces the Complexity of data**

Raw data is always complicated and hard to understand. Even an expert statistician may not understand the raw data because of its complexity. Statistics help us to make the raw data simple and intelligible by performing some measure. Some of the important and most commonly used measures are graphs, averages, dispersions, skewness, correlation, etc. With the help of statistical techniques, anyone can convert the raw data into an understandable form.

Statistics is offering the best function to make a comparison between different sets of observations. In other words, we can use statistics to find a correlation between different data sets. The comparison is a necessary task to get to the conclusion. Even we can use statistics to make a comparison between the past data and present data to get to the outcome for future changes. We use averages, ratios, coefficients, regression, etc. to make the comparison.

**Testing hypothesis**

Statistics is limitless. New theories can be developed in statistics with the help of formulating and testing of hypothesis function. Statistics is the best way to explore new ideas because statistics are based on facts and figures.

**Formulation of Policies**

With the help of statistics, businesses formulate their plans and policies. Every business uses statistics from their policies. Statistically, analyzing data is used in policy formulation. Without statistics, the industry can make robust policies for their business. In this way, statistics play a crucial role in the life of an economist, scientist, managers, and various programmers or business heads.

**Forecasting**

Forecasting is a crucial part of our life. Many businesses survive in critical circumstances only because of their precise prediction. Future is always uncertain, and no one can predict the future. But statistics help us forecast the trend and the future. Statistics offers a variety of techniques to predict the future values of the business or anything. Government use statistics to do the forecasting for their policies.

**Derives valid inferences**

There are multiple methods of statistics that aim at deriving inferences from an inquiry. The companies use statistical methods, government, scientist, to evaluate different projects and policies. These techniques are used to draw assumptions regarding population parameters based on sample information.

**Topics Covered in Our Statistics Homework Help**

**Least-squares**

Least square is used in regression analysis to approximate the solution of an overdetermined system. It does that by minimizing the sum of the squares of the residuals. That has resulted in the results of every single equation. The best example of least squares is data fitting. Our experts can solve all equations of least squares.

**Outliers**

Outlier refers to those data points, which significantly differs from the other observations. An outlier exists because of the measurement variability or if you have any experimental error. Most of the time, outliers create a critical error in statistical analysis. Every statistician always tries to avoid outliers in their statistical analysis. We also help you to get rid of outliers in your statistics analysis homework.

**Statistical significance**

Statistical significance is interrelated to hypothesis testing. When it occurs, then it gives the null hypothesis. We have complete knowledge of statistical significance. We are always ready to solve complex problems with statistical significance.

**Bayes’ Theorem**

Bayes is one of the crucial theorems in statistics. It is based on the prior knowledge of the condition that is related to the events. We have solved lots of Bayes’ theorem questions so far.

**Combinations**

The combination is widely used in our day to day life. We use it to find the combo of any number of things. For this, we take k at a time without repetition. There are lots of types of combinations, and we use the terms like k-selection, k-multiset, or k-combination to find the combination.

**Diagrammatic or tabular representation**

We also help you to represent the data in statistics with both the form in diagrammatic and tabular form. Both of these techniques come into data visualization. And we know that data visualization is a crucial part of modern statistics. We are ready to solve the most complex data visualization assignment within the given deadline.

**Continuous and discrete probability distributions and properties**

When we want to have the height, weight, and temperature measurements, then we use the continuous variables. Continuous distributions usually have a zero probability. On the other hand, the discrete probability is used when each particular value has no zero relationship with each other.

**Interval and point estimation of parameters**

With the help of point estimation, we get the estimated value of the population parameter. On the other hand, interval estimation gives us the range of values that might contain the population parameter.

**Principal components**

The basic phenomenon behind the principal component analysis is to reduce the large set into the small sets. And the small set should contain the relevant information of the large set. The variables in the small set are known as principal factors.

**Probability definitions**

We know that probability varies from elementary to the advanced level. But don't worry, our experts have keen experience in all types of probability and probability distributions. They are committed to providing you the best services at a low cost.

**Random variables**

The random variables can be a random quantity, aleatory variables, or stochastic variables. The random variables can be generated from random phenomena. Random variables are widely used in probability to predict the uncertain outcomes.

**Types of Statistics Help Provided By Our Experts**

**College statistics homework help**

It involves advanced statistics that require lots of skills to solve the questions. We know that the students don’t have enough time to sharpen their skills. Therefore the students are looking for the best college statistics help to submit their homework with the given deadline. If you are also looking for the same help, then you are in the right place.

**Psychology statistics homework help**

Psychology students also require to do psychology homework. But the psychology students are not ready to solve the complicated statistics homework. Therefore they search for the best Psychology statistics assignment help from the experts.

**Business statistics homework help**

Business statistics homework involves intermediate level statistics. Business statistics is one of the crucial parts of business studies. It is quite helpful to solve the majority of business problems. Therefore it is included in the business studies courses. Most of the business studies students don’t have time to solve the statistics homework. Thus they search for business statistics homework help.

**Elementary statistics help**

We also provide the elementary statistics help to the students. Elementary statistics homework involves the basics of statistics. It is quite useful for those students who want to have a career in statistics. Our experts also help the students to clear the basic concepts of statistics.

**Probability and statistics homework help**

Sometimes, the students need to have the probability and statistics homework help. Advanced probability and advanced statistics are useful for business and computer sciece students.

**AP statistics homework help**

AP statistics stands for advanced placement statistics. It is useful for college-level students. Before the placement of the students, they need to submit the AP homework to the college. Therefore they need to have the best Help with AP statistics homework to ge the best placement.

**CPM statistics homework help**

CPM statistics homework is for those students who want to learn everything about statistics. Most of the students who wish to become a statistician require to submit that statistics homework. We are helping those students with the help of our CPM statistics help.

**Why the students need statistics homework help?**

Statistics is the base of most of the latest technologies. It is the foundation of most powerful technologies i.e., artificial intelligence, machine learning, deep learning, robotics, and many more. Let's have a look at why statistics is essential for the various subject students.

**Data Science Students**

Without statistics there may or may not be any possibility of data science. Statistics is the spirit of data science. And we know that this technology is growing at a rapid speed. But for this technology, you need not to clear your basics. Even you need to have a strong command over statistics. We will cover the basic to advanced level statistics. Our experts also help data science students to learn statistics with Python and statistics with R.

**Computer Science Students**

Most of the time the computer science students though that statistics is not an essential part of their field. But they forget that almost every programming language is working on statistics concepts. The most popular and widely used technologies, artificial intelligence, and machine learning, also work on the statistics principles. Therefore computer science students need statistics homework help to clear their concepts. Here at Statanalytica, we are specialized in offering the best statistics help for machine learning and artificial intelligence

**Business Studies Students**

Business studies students don't require to learn extreme statistics. But they need to learn the basics of statistics like probability distributions, regression, coefficient, etc. They need to have a strong command over statistics basics. Because almost every business analytics software is working on the basic concept of statistics, besides, if you need any problem with business analytics software, then our experts will also assist you. We also help you with business intelligence assignments and software.

**Statistics Students**

Statistics students should have a brilliant command over every statistics concept. Statistics students also need to have a grasp over some of the most compelling statistics software; this software includes, data analytics software, data visualization, and data mining software. If the students would like to go into Big Data technologies, they would have a good command over data warehouses. Besides, they also need to learn statistics programming languages like MATLAB, Python, and R. Our panel of experts will help you with all these software and statistical programming languages.

**We Covers The Following Tools In Our Services**

**Minitab Homework Help**

It is one of the major statistical software. It is used for learning about statistics research. Here at statanalytica we are comitted to provide you the best Minitab homework help.

##### Eviews homework help

Eviews is a statistical package for Windows operating system. Statisticians use this software for time-series oriented econometric analysis. Statanalytica is having the expert who provide you the excellent help with Eviews homework.

**MATLAB homework help**

MATLAB is one of the primary programming languages of mathematics. It is used for matrix calculations, developing and running algorithms, data visualization, and creating UI.

**PHSTAT homework help**

PHSTAT is mainly used with Microsoft Excel. It is not developed for commercial use. Our experts can help you to clear all your doubts related to PHSTAT homework.

**Rapid Miner Homework Help**

Rapid Miner is one of the essential statistics software. It is a data science software that provides an integrated environment for data preparation, text mining, predictive analytics, and deep learning. We do help with Rapid Miner homework to the computer science students as well as the data science students.

**JMP Homework Help**

JMP Is one of the popular computer software for statistics. It is used for engineering, design of experiments, and quality assurance. Whether you have the easy or the most complicated JMP homework. Our experts are ready to help you with your JMP homework at lowest charges.

**Key Features Of Our Services**

**Customized Job as Per University Guidelines**

Our experts are always provided the customized work to the students as per their university guidelines. They also focus on the format mentioned by the students. We provide the best statistics homework to the students and never compromise on the quality of the work. We know how to make the statistics homework more effective while following the specific format and guidelines. It makes our statistics homework help services best in the world.

**Never Cross the Deadlines**

The deadline is one of the major priorities. We never cross the deadline given by the students. Our experts are full of experience. Therefore, they provide the best homework within the given deadline. We promise the students that we never cross their assigned deadlines. Don't miss the great help with statistics homework online.

**Don’t Compromise on Accuracy**

Accuracy always leads to earning a high score in the statistics homework. That is why we never compromise on quality. It increases the chance of the students to get high grades. Our experts never make a single mistake in their homework and check it repeatedly to provide accurate homework.

**Plagiarism Free Homework**

Whether you have accurate statistics homework; however, if the work is not plagiarism-free, it is complete garbage. Plagiarism free homework helps the students to get a high score. We always focus on providing 100% plagiarism free content to the students.

**Unlimited Revision Until Satisfaction**

Only a few students request for revision rework. Whenever they ask for the revision, we entertain their request and provide the revision of statistics homework problems until the student’s satisfaction.

**24x7 Online Support**

You can find our statistics expert online anytime to help you, whether you are living in any part of the globe. There is no timing issue to get help from our experts. You can chat with us any time our experts will help you instantly.

**Money-Back Guarantee**

Even after the revision of the work, you are not satisfied with our work and efforts. Then you need not worry; we will refund your payment.

In our homework help online approach, we communicate to the students before writing their homework. In this way, we understand the student’s requirements and provide them with the best quality of work. So what are you waiting for?

If you need the best need help with statistics homework, then submit your work with us to get the best statistics homework help instantly from the best statistics homework helper You can directly email us at [email protected]

**The List of Statistics Homework Solution We have Provided So Far**

### The List of Statistics Homework Solution We have Provided So Far

The king has one sibling only. Here we are going to find out what is the probability that the sibling is male. Here is the hint you can assume that the probability of the birth of the male is ½ i.e. independent of other births. Please be careful for the additional assumptions that you will state to reach to the answer.

**Some more questions on statistics**

2 Sport Obermeyer has to decide how many parkas to produce in this session of Winter 2019. The demand of the parkas depends on the Normal distribution with mean 1200 and standard deviation 130. Here in this question the Sport Obermeyer has 1250 Parkas. You need to find the probability that the demand is fully met.

You need to create a portfolio that is with three assets o.e. Bound A, bound B and Stock C. Their expected returns value on the investment horizon are µA = 3%, µB = 12%, µC =15%. The standard deviations of the returns are σA = 2%, σB = 8%, σC = 40%. The correlation between the assets are ρAB = −0.3, ρAC = −0.4, ρBC = 0.

Suppose that you have a portfolio in which the investor put 70% of the money in stock B and 15% on stock C i.e. P=0.7+1.5C. Find out the expected return and standard deviation. You can assume that the investor has a risk tolerance of σP = 25%. It means the Portfolios standard deviations can not be exceed 25%. All you need to do is construct the portfolio with expected return under the given risk constraint. Takes the help of statistics software to solve this problem.