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Null hypothesis
Statistics is data collection in order to later organize, analyse, interpret and also present them in a specific manner that gives inside look in the problem and probable solutions in the area that is being studied. It can be…Read more …
Statistics and Probability
If you have ever used probability or percentage to measure some value then you know that it is very hard to predict how often an event will occur and if it occur at all. In a completely deterministic universe if…Read more …
Statistics in Marketing
Marketing is one of those fields where everything is closely monitored and where data-driven approaches are the norm. And because of this marketers are using statistical methods to gather, analyze and predict trends and their campaign efforts as well as…Read more …
Bell Curve aka Gaussian Function
Bell curve or more widely known as the Gaussian distribution/function is a theory that states how a standard deviation happens in any environment and by doing so this theory proposes a two or three dimensional graph that shows a succeed…Read more …
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