RecordCast – Recording the Screen in One Click

A tutorial about RecordCast: Screen Recording Tool.

Have you ever made video tutorials? Have you ever recorded your computer screen? Indeed, many tutorials are done from the video of a computer screen. This enables Internet users to follow the various steps to follow to resolve a problem or use new software. If you want to instantly record the actions you take in a desktop window without sharing or recording information from your computer, the free online RecordCast‌ Screen Capture tool (RecordCast – Recording the Screen) is what you are looking for!

RecordCast - Recording the Screen

What is RecordCast?

It is a simple web-based tool to record or capture your screen without using third-party apps. All records are processed in the browser, and nothing is saved on the server. It is supported in modern browsers like Chrome, Edge, Firefox, and more.

RecordCast – Recording the Screen is very easy to use, with the essential ability to record everything that happens on our screen, with or without sound. After recording, you can edit the created video, adding text (it has several templates for entering text), images, audio, etc. You can also cut the video and isolate the pieces you want or do not want.

RecordCast

How RecordCast Screen Recorder works

  • Open your browser and go to the service.
  • All you have to do now is click on the “start recording” button in the center.
  • You can choose the type of recording you want, including screen+webcam, screen only, or webcam only.
  • It is possible to record microphone, system audio, or mute audio while recording your screen.
  • After allowing or forbidding the recording, you can make the necessary settings of the recording media available to start your screen’s recording process.
  • You now have three options: select the entire screen, the application window, or the Chrome tab. If you select an application window, the service will show all open windows. If you select a Chrome tab, all open tabs will be displayed in the list.
  • After selecting an app or screen, tap on the record button.
  • After you’ve finished recording, you will have the option to load the recording or start a new recording by deleting the clip.
  • It is available to edit the recorded video in a built-in editor provided by RecordCast, but you need to create a free account now.
RecordCast

In conclusion

RecordCast – Recording a Screen is a great tool for YouTubers, bloggers, and presentations as it gives you everything you need to make a cool show. Some cool features of RecordCast are free, and you can connect a microphone to comment on your video or a webcam, where you can be seen while you are filming.

The only minus we could find about the program is that it only allows you to film for 30 minutes now, which can feel like a very short time. However, the program is good to use if you are inexperienced in making screenshots, as it is incredibly easy to use. In addition, the quality of the recording itself is also really good.

Of course, there are other free web-based screen capture programs, but I do not have enough hands-on experience with them to comment on them. Is RecordCast something you can use? Do you know other and better alternatives? I would love to hear what you think, so leave a comment and make us all smarter!

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Quantiles or Fractiles Uncovered (2020)

When the number of observations is sufficiently large, the principle by which a distribution is divided into two equal parts may be extended to divide the distribution into four, five, eight, ten, or hundred equal parts. The median, quartiles, deciles, and percentiles values are collectively called quantiles or fractiles. Let us start learning about Quantiles or Fractiles.

Quantiles or Fractiles Uncovered

Quantiles or Fractiles

Quartiles

These are the values that divide a distribution into four equal parts. There are three quartiles denoted by $Q_1, Q_2$, and $Q_3$. If $x_1,x_2,\cdots,x_n$ are $n$ observations on a variable $X$, and $x_{(1)}, x_{(2)}, \cdots, x_{(n)}$ is their array then $r$th quartile $Q_r$ is the values of $X$, such that $\frac{r}{4}$ of the observations is less than that value of $X$ and $\frac{4-r}{4}$ of the observations is greater.

The $Q_1$ is the value of $X$ such that $\frac{1}{4}$ of the observations is less than the value of $X$ and $\frac{4-1}{4}$ of the observations is greater, the $Q_3$ is the value of $X$, such that $\frac{3}{4}$ of the observations is less than that of $X$ and $\frac{4-3}{4}$ of the observations is greater.

Deciles

These are the values that divide a distribution into ten equal parts. There are 9 deciles $D_1, D_2, \cdots, D_9$.

Percentiles

These are the values that divide a distribution into a hundred equal parts. There are 99 percentiles denoted as $P_1,P_2,\cdots, P_{99}$.

The median, quartiles, deciles, percentiles, and other partition values are collectively called quantiles or fractiles. All quantiles are percentages. For example, $P_{50}, Q_2$, and $D_5$ are also median.

\begin{align*}
Q_2 &= D_5 = P_{50}\\
Q_1 &= P_{25} = D_{2.5}\\
Q_3 &= P_{75}=D_{7.5}
\end{align*}
The $r$th quantile, $k$th decile, and $j$th percentile are located in the array by the following relation:

For ungrouped Date
\begin{align}
Q_r &=\frac{r(n+1)}{4}\text{th value in the distribution and } r=1,2,3\\
D_k &=\frac{k(n+1)}{10}\text{th value in the distribution and } k=1,2,\cdots, 9\\
P_j &=\frac{j(n+1)}{100}\text{th value in the distribution and } k=1,2,\cdots, 99
\end{align}

For grouped Data
\begin{align}
Q_r&= l+\frac{h}{f}\left(\frac{rn}{4}-c\right)\\
D_k&= l+\frac{h}{f}\left(\frac{kn}{10}-c\right)\\
P_j&= l+\frac{h}{f}\left(\frac{jn}{100}-c\right)
\end{align}

Procedure for obtaining Percentile

A procedure for obtaining percentile (quartiles, deciles) of a data set of size $n$ is as follows:

Step 1: Arrange the data in ascending/ descending order.
Step 2: Compute an index $i$ as follows: $i=\frac{p}{100} (n+1)$th (in case of odd observation).

  • If $i$ is an integer, the $p$th percentile is the average of the $i$th and $(i+1)$th data values.
  • if $i$ is not an integer then round $i$ up to the nearest integer and take the value at that position or use some mathematics to locate the value of percentile between $i$th and $(i+1)$th value.

Percentile Example

Consider the following (sorted) data values: 380, 600, 690, 890, 1050, 1100, 1200, 1900, 890000.

For the $p=10$th percentile, $i=\frac{p}{100} (n+1) =\frac{10}{100} (9+1)= 1$. So the 10th percentile is the first sorted value or 380.

For the $p=75$ percentile, $i=\frac{p}{100} (n+1)= \frac{75}{100}(9+1) = 7.5$

To get the actual value we need to compute 7th value + (8th value – 7th value) $\times 0.5$. That is, $1200 + (1900-1200)\times 0.5 = 1200+350 = 1550$.

Quantiles or Fractiles

Read More about: Quartiles, Deciles, and Percentiles

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Frequently Asked Questions Fractiles

  1. What is meant by quartile, deciles, and percentiles?
  2. Describe the procedure of obtaining percentiles (quartiles, and deciles).
  3. What is the interquartile range?
  4. Why do we need to sort the data first when computing quartiles, deciles, and percentiles?

Seasonal Variations: Estimation (2020)

We have to find a way of isolating and measuring the seasonal variations. There are two reasons for isolating and measuring the effect of seasonal variations.

  • To study the changes brought by seasons in the values of the given variable in a time series
  • To remove it from the time series to determine the value of the variable

Summing the values of a particular season for several years, the irregular variations will cancel each other, due to independent random disturbances. If we also eliminate the effect of trend and cyclical variations, the seasonal variations will be left out which are expressed as a percentage of their average.

Seasonal Variations

A study of seasonal variation leads to more realistic planning of production and purchases etc.

Seasonal Index Method

When the effect of the trend has been eliminated, we can calculate a measure of seasonal variation known as the seasonal index. A seasonal index is simply an average of the monthly or quarterly value of different years expressed as a percentage of averages of all the monthly or quarterly values of the year.

The following methods are used to estimate seasonal variations.

  • Average percentage method (simple average method)
  • Link relative method
  • Ratio to the trend of short-time values
  • Ratio to the trend of long-time averages projected to short times
  • Ratio to moving average

The Simple Average Method

Assume the series is expressed as

$$Y=TSCI$$

Consider the long-time averages as trend values and eliminate the trend element by expressing a short-time observed value as a percentage of the corresponding long-time average. In the multiplicative model, we obtain

\begin{align*}
\frac{\text{short time observed value} }{\text{long time average}}\times &= \frac{TSCI}{T}\times 100\\
&=SCI\times 100
\end{align*}

This percentage of the long-time average represents the seasonal (S), the cyclical (C), and the irregular (I) component.

Once $SCI$ is obtained, we try to remove $CI$ as much as possible from $SCI$. This is done by arranging these percentages season-wise for all the long times (say years) and taking the modified arithmetic mean for each season by ignoring both the smallest and the largest percentages. These would be seasonal indices.

If the average of these indices is not 100, then the adjustment can be made, by expressing these seasonal indices as the percentage of their arithmetic mean. The adjustment factor would be

\begin{align*}
\frac{100}{\text{Mean of Seasonal Indiex}} \rightarrow \frac{400}{\text{sums of quarterly index}} \,\, \text{ or } \frac{1200}{\text{sums of monthly indices}}
\end{align*}

Seasonal Variations: Objective of Time Series

Example of Seasonal Variations

Question: The following data is about several automobiles sold.

YearQuarter 1Quarter 2Quarter 3Quarter 4
1981250278315288
1982247265301285
1983261285353373
1984300325370343
1985281317381374

Calculate the seasonal indices by the average percentage method.

Solution:

First, we obtain the yearly (long-term) averages

Year19811982198319841985
Year Total11311098127213381353
Yearly Average1131/4=282.75274.50318.00334.50338.25

Next, we divide each quarterly value by the corresponding yearly average and express the results as percentages. That is,

YearQuarter 1Quarter 2Quarter 3Quarter 4
1981$\frac{250}{282.75}\times=88.42$$\frac{278}{282.75}\times=98.32^*$Total (modified)
$\frac{288}{282.75}\times=101.86^*$ 
1982$\frac{247}{274.50}\times=89.98^*$$\frac{265}{274.50}\times=96.54$$\frac{301}{274.50}\times=109.65^*$$\frac{285}{274.50}\times=103.83$ 
1983$\frac{261}{318.00}\times=82.08^*$$\frac{285}{318.00}\times=89.62^*$$\frac{353}{318.00}\times=111.01$$\frac{373}{318.00}\times=117.30^*$ 
1984$\frac{300}{334.50}\times=89.69$$\frac{325}{334.50}\times=97.16$$\frac{370}{334.50}\times=110.61$$\frac{343}{334.50}\times=102.54$ 
1985$\frac{281}{338.25}\times=83.07$$\frac{317}{338.25}\times=93.72$$\frac{381}{338.25}\times=112.64^*$$\frac{374}{338.25}\times=110.57$ 
Total (modified)
261.18247.42333.03316.94Total
Mean (modified)
$\frac{261.18}{3}=87.06$$\frac{247.42}{3}=95.81$$\frac{333.03}{3}=111.01$$\frac{316.94}{3}=105.65$399.52

* on values represents the smallest and largest values in a quarter that are not included in the total.

Statistical Software for Seasonal Variation

Several statistical software packages can automate these calculations for you. Popular options include:

  • Python libraries like Pandas and Statsmodels
  • R statistical computing environment
  • Excel with add-in tools like Data Analysis ToolPak

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