In recent years, when everything is moving toward digital systems, the finance sector has also been making significant strides toward digitalization with the help of data...

In every group, there is a leader. Now, this leader might like to decide on their own or make a decision as a group. Each person in the group would come up with a different solution. The main...

The critical value is a crucial topic in statistics. No matter what statistical study you're doing or conducting, critical values will always come in handy, and you're going to need a thorough...

The term Correlation Coefficient may sound somewhat scary, but allow me to explain it to you in simpler terms. Have you ever found yourself comparing the effect of one occurrence to another? Well,...

You have to make decisions every day, be it as small as deciding what to eat or as important as saying yes to that marriage proposal! Every decision affects your future. It is crucial to have strong...

Sampling is an inherent human trait we follow whenever we want to study something, but the domain is huge enough to force us to base our study on a sub-sample only. This is true for most of the...