Forecasting Quantitative Time Series using statistical methods

Forecasting , or predicting is a vital tool in any decision making process. It uses vary from determining inventory requirements for local shop to estimating the annual sales of TV. The quality of forecasts management can be strongly related to the i..Read More

ANOVA vs T-test: Know how they differ from one another

A statistical test can be complicated, but it verifies & assures the quality of the study. In analytical work, the most critical task is the comparison of data (sets of data) and making interpretations. Inferential statistics, one among the two m..Read More