STANDARD DEVIATION, VARIANCE, COEFFICIENT

STANDARD DEVIATION, VARIANCE, COEFFICIENT

When analyzing data, understanding the spread or dispersion of the data points is crucial for gaining insights into the variability of the observations. Several measures are commonly used to quantify the spread of data, including the standard deviation, variance, and…

CONSTRUCTION AND LABELING OF GRAPHS

CONSTRUCTION AND LABELING OF GRAPHS

CONSTRUCTION AND LABELING OF GRAPHS: Graphs are powerful tools for visualizing data and conveying information effectively. Whether you are presenting data in a research paper, a business report, or a presentation, constructing and labeling graphs correctly is essential for clear…

HISTOGRAM, PIECHARTS, SCATTER PLOTS, SEMILOGARTHIMIC PLOTS

HISTOGRAM, PIECHARTS, SCATTER PLOTS, SEMILOGARTHIMIC PLOTS

Graphs are powerful tools for visualizing data and conveying information effectively. Different graph types are suited to different data types and purposes. In this article, we will explore four commonly used graph types: histograms, pie charts, scatter plots, and semilogarithmic…

NULL HYPOTHESIS, LEVEL OF SIGNIFICANCE

NULL HYPOTHESIS, LEVEL OF SIGNIFICANCE

Testing hypotheses is a fundamental concept in statistical analysis that helps researchers draw conclusions about population parameters based on sample data. In hypothesis testing, two key components are the null hypothesis and the level of significance. Let’s explore these concepts…