Statistics

Statistics

statistics: Problems of Hyper Geometric Distributions

English, Other Articles, Statistics, Students Corner / By

The geometric distribution functions are used in the field of statistics, engineering, construction, electrical and electronics. These problems involve the mathematical or graphical shapes which are self-similar in nature and at the same time unique. These problems are usually difficult to solve and need advanced knowledge of mathematics. hyper geometric distribution is a special type …

statistics: Problems of Hyper Geometric Distributions Read More »

Statistics :Understanding How a Normal Distribution Calculator Works

English, Other Articles, Statistics, Students Corner / By

The normal distribution calculator is a useful tool when you are trying to determine the normal distribution. It can be a significant time-saver when you are in the planning stages of an important project. There are many situations that require normal distributions, including retirement annuities and other retirement plans. The normal distribution calculator will help …

Statistics :Understanding How a Normal Distribution Calculator Works Read More »

Introduction to Data Analysis for Business Analytics

Other Articles, Statistics, Students Corner / By

Introduction to statistical Inference is one of the core requirements for obtaining a degree in Statistics. It offers students a solid foundation for building statistical programs and analyzing real-world data. Although most statistics courses focus on discrete methods, many courses also introduce statistical inference as a fundamental concept. This focus on discrete methods is necessary …

Introduction to Data Analysis for Business Analytics Read More »

A Few Simple Examples on How to Test For Population Proportion

English, Other Articles, Statistics, Students Corner / By

An Introduction to the chi-square formula and its application to test for a population proportion. There are many different types of tests and usually the question that the test is intended to answer depends on which type of test is performed. Many of the tests which are used to measure the proportions of a population …

A Few Simple Examples on How to Test For Population Proportion Read More »

Quick Analysis of Data Using the Best Measure of Central Tendency

English, Other Articles, Statistics, Students Corner / By

Statistics can be used to analyze data and make statistical analysis more meaningful. It is usually presented in graph form to show the comparison over time or to illustrate other patterns. There are many different types of statistics and there is a lot of information that can be derived from them. This includes descriptive statistics, …

Quick Analysis of Data Using the Best Measure of Central Tendency Read More »

The Importance of Quality Control and Its Impact to the Bottom Line

English, Other Articles, Statistics, Students Corner / By

Statistical quality control is one of the four main types of quality control measures used in the assessment of statistical methods. All types of statistical quality control are based on the assumption that the distribution of a variable is normally distributed and can be analyzed using the appropriate statistical software. When this assumption is violated, …

The Importance of Quality Control and Its Impact to the Bottom Line Read More »

Basics About Operations Research Statistics

English, Other Articles, Statistics, Students Corner / By

Operations research (OR) pertains to the process of gathering statistical information about different types of operations and the nature of their output. Operations research is a subset of statistical studies on industrial production, consumption, service and pricing. It is used in all areas of human action such as manufacturing, economic, business, operation design, planning, supply …

Basics About Operations Research Statistics Read More »

Introduction to Transportation Problem Statistics

Statistics, Students Corner / By

Introduction to transportation problem statistics can help a lot of people in various ways. The problem is mainly caused by the high demand for transportation which causes increased capacity of vehicles and makes travel more comfortable. This increased comfortable traveling can be improved by better management of traffic congestion along with more efficient use of …

Introduction to Transportation Problem Statistics Read More »