Statistics, a scientific approach to analyzing numerical data, is employed to discover relationships among the phenomena to describe, predict and control their occurrence. Statistics helps the researcher to acquire precise, steadfast and dependable findings. Although there are several statistical tests such as ANOVA, independent t-test, etc. to arrive at the right result, one must choose … Continue reading “Wilcoxon Rank-Sum test : A Non Parametric Alternative to two Sample T-Test”
In a research process, data analysis is considered as a crucial aspect as it helps in structuring the findings and provides meaningful insights to the critical decisions. In this step, cleaned data is put into analysis tools for identifying patterns, formulating results so as to make meaningful inferences and conclusions. Conducting data analysis is … Continue reading “6 Tips to Save Yourself From Committing Blunders in Data Analysis Stage of Research”
Statistical tests are mind bogglers! Collection, organisation, interpretation and analysis of data and results constitutes an integral part of statistics. Statistical tests, are basically the medium through which we can approximate solutions when the processes are highly complex or unknown in their true forms. Statistical tests are classified into parametric test, and non parametric test … Continue reading “Know the Difference: Parametric Test and Non-Parametric Test in Statistics”
When talking about research in the field of Science or Social science, whether it is Biology, Business, Economics, Psychology, Sociology, or any other subject, the Analysis of Variance (ANOVA) is an important statistical tool for analysing the data. The tool is used to compare and analyse the results of laboratories when more than one factor … Continue reading “Difference Between One Way ANOVA And Two Way ANOVA”
A Ph.D. in Statistics can lead to better career advancement, especially if you’re a researcher, professor or a government official. A person can take post-graduate studies in statistics to prepare oneself in the business field as well. This degree gives you a deeper understanding of several advanced mathematical areas such as data analysis, probability theory, … Continue reading “Pursuing doctoral degree in statistics leads in career growth”