Meaning of Normal distribution or law of error Binomial and passion distribution are discrete probability distribution. But normal probability distribution commonly called normal distribution. It
Sampling is mainly divided into two types; probability or random sampling and non probability or non random sampling. In other words, Sampling methods are broadly
Errors in statistics or any statistical investigation can be broadly classified in two types: a) Sampling errors and b) non sampling errors a) Sampling errors:
Definition Error in Statistics: Error in statistics means the difference between true value and the estimated value. It is different from the mistakes which may
A Finite subset of population, selected from it, with the objective of investigating its properties is called ‘sample’. In sample method we select a part
Meaning of sample A Finite subset of population, selected from it, with the objective of investigating its properties is called ‘sample’. The number of units
Definition of data: The source from which the information can be obtained for any statistical inquiry is called data. The investigator may collect the data
Last time, we have discussed 3 types of banks. Today we will discuss more types of banks: 1.) Types of banks on the basis of function: i)
There are different types of banks on the basis of different conditions. Let us discuss one by one. In this part 1, I will discuss
I got a query that can NRIs invest in any insurance plans in India. I will expand this question as can NRI or person of
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