Business Statistics & Statistics

Explore the fascinating world of Statistics with our comprehensive coverage of research, and resources. We provide insights and explanations that will help you deepen your understanding and appreciation of these topics – Introduction to Business Statistics & Statistics, Data Collection, Data: Classification, Tabulation & Graphical Representation, Statistical Series, Measures of Variations, Correlation & Regression Analysis, Sampling, Time Series, etc.

qualities or characteristics of a good questionnaire in research, important points to think while preparing the questionnaire
Business Statistics & Statistics

Qualities or Characteristics of a good Questionnaire in Research

Lata Agarwal

A well-written list of questions should be included in a questionnaire. The number of questions should be minimum. […]

qualitative and quantitative types of data
Business Statistics & Statistics

Types of Data: Qualitative & Quantitative Data; Nominal, Ordinal, Discrete & Continuous Data

Lata Agarwal

Data can be descriptive (characteristics) or numerical (numbers). Let us take a look at some of the most prevalent data types. There are two types of data: Qualitative and Quantitative. […]

Business Statistics and Statistics
Business Statistics & Statistics

Business Statistics and Statistics

Lata Agarwal

Introduction to Business Statistics & Statistics – Table of contents ♦ Introduction of Business Statistics and Statistics Meaning of Statistics Definition of Statistics Purpose of Statistics Objectives of Statistics Characteristics of Statistics Functions of Statistics […]

standard deviation formula hindi
Business Statistics & Statistics

Standard Deviation (S.D.): Definition and Formula

Lata Agarwal

The square root of the average of squared deviations taken from the actual mean is used to determine the standard deviation. It’s also referred to as the root mean square deviation. […]

methods of computing variation or dispersion
Business Statistics & Statistics

Methods of Computing Variation or Dispersion

Lata Agarwal

Methods of Computing Variation or Dispersion are divided into two types: (1) Mathematical Methods (2) Graphic Methods …. […]

types and sources of data collection, primary data, secondary data, internal data
Business Statistics & Statistics

Collection of Data in Statistics

Lata Agarwal

Data is available from three important sources, namely: Primary Sources, Secondary Source, Internal Records. […]

different types of correlation in statistics
Business Statistics & Statistics

Different Types of Correlation in Statistics

Lata Agarwal

Types of Correlation in Statistics: Correlation can be classified into one of the following categories: Positive and Negative, Simple and Multiple, Partial and Total, Linear and Non-Linear (Curvilinear)  […]

difference between correlation and causation
Business Statistics & Statistics

Difference between Correlation and Causation in Statistics

Lata Agarwal

The term “correlation” should not be confused with “causation.” If two variables have a correlation, it cannot be assumed that a change… […]

utility of correlation and significance of the study of correlation
Business Statistics & Statistics

Utility of Correlation and Significance of the study of Correlation

Lata Agarwal

Once we know that the two variables are closely related, we can estimate the value of one variable given the value of another. […]

Utility of Correlation and Significance of the study of Correlation
Business Statistics & Statistics

Definitions of Correlation, Coefficient of Correlation, Correlation Analysis

Lata Agarwal

Important definitions of correlation, Correlation coefficient, Correlation analysis: Correlation is the relationship between variables… […]