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Statistics

Dispersion

Dispersion Dispersion means the variability, spread in the data. Average gives a single representative of the data however reliability of average is more if dispersion is less. Consider the following example, suppose there are three…

Steps Of Modelling

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ANOVA Using SPSS

ONE-WAY CLASSIFICATION ________________________________________________________________________________________________ Definition   :   Analysis of variance (ANOVA) uses F-tests to statistically assess the equality of means when you have…

Central Tendency or Average

Central Tendency or Average. Last time I discussed about Data Types. Today I am going to discuss about “Central Tendency” or “Average”. The word "Average" denotes a 'representative' or 'typical value' of a whole set of observations. Average…

Types of Data[Compatibility Mode]

Hi guys, we all know that statistics plays a key role in Analytics. But most of the people who are not from statistical background are scared of “Statistics”. So, here I am going to describe different statistical concepts along with very…