Search results for keyword: statisticians
Statistical indicators
1. Introduction
Data is the lifeblood of today’s information-driven economy. Collecting, analyzing, and interpreting data requires a range of sophisticated tools and techniques. One of the most important methods for tracking and interpreting data is the use of statistical indicators. Statistical......
10/07/2023 
1047 
statistical map
Map Data and Statistical Analysis
Statistics are essential to enriching our knowledge of trends, occurrences, and occurrences in the world. Maps allow us to analyse different sets and categories of data more deeply and accurately more than ever before. By taking the help of map data and statistic......
Mann-Whitney U test
Introduction
The Mann-Whitney U Test is a non-parametric statistical technique used to investigate the differences between two independent distributions. The test is widely used to measure the relation between two variables when there is no underlying assumption of normality with the same sample ......
Stopper-Samuelson theorem
Introduction
The Stigler-Samuelson Theorem is a key result in neoclassical economics that establishes equilibrium in the market. It states that under certain competitive conditions, the long-run prices in a competitive market will equal the marginal cost of production for each good. The theorem i......
Engel coefficient
The Gini coefficient is a statistical measure used to assess the degree of inequality within a population or group. It is calculated by taking the average income of a group and then comparing it to the income of each individual within that group. The Gini coefficient is a numerical measure that ca......
simpson paradox
Introduction
The Simpson Paradox is a phenomenon in which an aggregate trend may reverse its sign when broken down by additional categorical variables. In Descriptive Statistics, a Simpson paradox can occur when the marginal association between two variables is opposite to the relationship betwee......
statistical comparison
Introduction
Statistics is the field of mathematics dealing with collection, analysis, interpretation, presentation, and organization of data. Statistical analysis allows the researcher to draw conclusions, make predictions, and draw correlations between two or more variables. This paper will disc......
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