One Way Analysis of Variance

The article is about one way Analysis of Variance. In the analysis of variance, the total variation in the data of the sample is split up into meaningful components that measure different sources of variation. Each component yields an estimate of the population variance, and these estimates are tested for …

Read Complete Post

Testing of Hypothesis MCQs 8

The quiz is about Testing of Hypothesis MCQs with Answers. The quiz contains 20 questions about hypothesis testing. It covers the topics of formulation of the null and alternative hypotheses, level of significance, test statistics, region of rejection, and decision about acceptance and rejection of the hypothesis. Let us start …

Read Complete Post

Index Number in Statistics

An index number in statistics is a tool used to track changes in a variable or a group of related variables, typically over time. Index Numbers condense the complex data into a single number (expressed as a percentage) for easier comparison between different periods or situations. Example: A factory manager …

Read Complete Post

Describing Data (2024)

Describing data effectively involves summarizing its key characteristics and highlighting interesting patterns or trends. Therefore, to extract information from the sample one needs to organize and summarize the collected data. The arrangement (organization) of data into a reduced form which is easy to understand, analyze, and interpret is known as …

Read Complete Post