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Help with Statistics homework help

Statistics is all about facts and ratio, well it is a lot more than that and understanding every bit of it requires right statistics assignment help from some expert sources. We at helpmeinhomework are one such homework helping source providing adequate help whenever necessary.

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Help with Statistics homework help

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  1. What is Statistics?

  2. Types Of Statistics Descriptive Statistics Descriptive statistics refer to methods for summarizing raw observations into information that we can understand and share. Inferential Statistics Inferential statistics is a fancy name for methods that aid in quantifying properties of the domain or population from a smaller set of obtained observations called a sample.

  3. Inferential Statistics • Estimation • e.g., Estimate the population mean weight using the sample mean weight • Hypothesis testing • e.g., Test the claim that the population mean weight is 70 kg Inference is the process of drawing conclusions or making decisions about a populationbased on sample results

  4. Descriptive Statistics • Collect data • e.g., Survey • Present data • e.g., Tables and graphs • Summarize data • e.g., Sample mean =

  5. Why study statistics? • Data are everywhere • Statistical techniques are used to make many decisions that affect our lives • No matter what your career, you will make professional decisions that involve data. An understanding of statistical methods will help you make these decisions efectively

  6. Applications of statistical concepts • Finance – correlation and regression, index numbers, time series analysis • Marketing – hypothesis testing, chi-square tests, nonparametric statistics • Personel – hypothesis testing, chi-square tests, nonparametric tests • Operating management – hypothesis testing, estimation, analysis of variance, time series analysis

  7. Statistical data • The collection of data that are relevant to the problem being studied is commonly the most difficult, expensive, and time-consuming part of the entire research project. • Statistical data are usually obtained by counting or measuring items. • Primary data are collected specifically for the analysis desired • Secondary data have already been compiled and are available for statistical analysis • A variable is an item of interest that can take on many different numerical values. • A constant has a fixed numerical value.

  8. Created By A reputed online tutor, MajaKazazichas working as a teacher for a number of years now. He provides tutorship mainly in subjects like accounting, finance, management and marketing. His teaching methods are unique and innovative. He works hard to make sure every student excels under her tutelage. He has also written several academic blogs at For More Info Visit : https://helpmeinhomework.com/help-with-statistics-assignment/

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