Statistics is very essential in the place of work in the world today. The statistics are used to promote various operations that can promote the strategic planning and decision making. Statists are very essential in the collection of facts that are very essential in the generation of information. The statistics...
With the inordinate amount of data available, and countless numbers of statistical models for use in analyzing this data, it might seem logical to assume the ability to predict performance in a wide variety of disciplines including financial markets, law enforcement, and nature. However, because of the inherent inability to...
Statistics is the study of collecting, collating, analysing and interpreting information, patterns, rules or themes from that data. The two types of statistical analysis that are used to achieve different goals with a set of data are: • Descriptive statistics; self explanatory as one analyses a piece of data so...
The different statistical methodologies help to determine what a researcher is attempting to measure. Descriptive statistics is often used to gain demographic information. This further helps the researcher to determine whom the sample is reflective of. For example, a manager may want to gain the customer’s perception of the customer...
Abstract In order to quantitatively analyze information within a dataset or population, statistical sampling tools should be employed. The application of various applicable tools will allow researchers to derive conclusions pertaining to the dataset collected. Subsequently, Cluster Sampling, Stratified Sampling and Systemic Sampling are effective tools in statistics that may...
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