Math

In statistics, several words can be confusing by definition, and some can raise confusion in the way they are applied. However, with some little knowledge of what these terms mean and what they refer to, it`s very easy to make a clear cut between the two. In stratified sampling, there are two steps that are … Read more

In statistics, there are many terms used that can be confusing or used interchangeably. The two terms that you will find almost anywhere are the real and nominal values of a product or a service. People out there will confuse them by definition and even use it. In this brief, we are going to state … Read more