statistics

Different Types of Statistical Tests: Concepts

Last updated: 18th Nov, 2023 Statistical tests are an important part of data analysis. They help us understand the data…

6 months ago

Types & Uses of Moments in Statistics

Last updated: 18th Nov, 2023 In statistics, moments are measures of the shape and variability of a data set. They…

6 months ago

Two samples Z-test for Means: Formula & Examples

Last updated: 21st Nov, 2023 Statistical hypothesis testing is an essential tool in inferential statistics that enables researchers to make…

6 months ago

Histogram Plots using Matplotlib & Pandas: Python

Last updated: 16th Nov, 2023 Histograms are a graphical representation of the distribution of data. In Python, there are several…

6 months ago

Wilcoxon Signed Rank Test: Concepts, Examples

How can data scientists accurately analyze data when faced with non-normal distributions or small sample sizes? This is a challenge…

6 months ago

Minimum Description Length (MDL): Formula, Examples

Learning the concepts of Minimum Description Length (MDL) is valuable for several reasons, especially for those involved in statistics, machine…

6 months ago

Pearson vs Spearman: Choosing the Right Correlation Coefficient

Are you as a data scientist trying to decipher relationship between two or more variables within vast datasets to solve…

6 months ago

Pearson Correlation Coefficient: Formula, Examples

In the world of data science, understanding the relationship between variables is crucial for making informed decisions or building accurate…

6 months ago

t-distribution vs Normal distribution: Differences, Examples

Understanding the differences between the t-distribution and the normal distribution is crucial for anyone delving into the world of statistics,…

6 months ago

Insurance & Linear Regression Model Example

Ever wondered how insurance companies determine the premiums you pay for your health insurance? Predicting insurance premiums is more than…

7 months ago