Home  ## Big Data: Effective tips to success ## An Introduction to Statistical Sampling

Image Source: Statistical Aid Sampling is a statistical procedure of selecting some representative part from an existing population or study area. Specifically, draw a sample from the… Read More »An Introduction to Statistical Sampling ## Variance vs Standard Deviation

Image Source: Statistical Aid Variance is one of the best measures of dispersion which measure the difference of all observation from the center value… Read More »Variance vs Standard Deviation ## Cluster sampling: A probability sampling technique

Image source: Statistical Aid Cluster sampling is defined as a sampling method where multiple clusters of people are created from a population where they are indicative of… Read More »Cluster sampling: A probability sampling technique ## A Few Useful Techniques for Business Forecasting

Forecasting is the process of making prediction of the future based on past and present data. In many cases a reliable forecast can be worth a… Read More »A Few Useful Techniques for Business Forecasting ## An Overview of Logistic Regression Analysis

Image Source: Statistical Aid Logistic regression is a statistical technique to find the association between the categorical dependent (response) variable and one or more categorical or continuous… Read More »An Overview of Logistic Regression Analysis ## An overview of Quadrat Sampling ## Levels of Measurement (Nominal, Ordinal, Interval, Ratio) in Statistics

Image Source: Statistical Aid: A School of Statistics Definition In statistics, the statistical data whether qualitative or quantitative, are generated or obtain through some measurement or some observational… Read More »Levels of Measurement (Nominal, Ordinal, Interval, Ratio) in Statistics ## An Overview of Simple Random Sampling (SRS)

Image Source: Statistical Aid: A School of Statistics Simple random sampling Simple random sampling is considered the easiest and most popular method of probability sampling. To perform simple random… Read More »An Overview of Simple Random Sampling (SRS) 