News

Nonparametric statistics make no assumption about the sample size or whether the observed data is quantitative. Nonparametric statistics do not assume that data is drawn from a normal distribution.
Statistics is a branch of math that involves the collection, description, analysis, and inference of conclusions from quantitative data. But what is a statistic? Let’s find out. The word statistic is ...
Data mining has transformed the market research field, fueling growth in job opportunities in this profession. The U.S. Bureau of Labor Statistics has projected above average growth in market ...
To calculate the x-bar or sample mean, you would sum all the data points in the sample and then divide by the number of data points. This will be represented by the following formula: However, ...