[display-posts include_date="true"]

# “The Knowledge Library”

#### Knowledge for All, without Barriers…

##### An Initiative by: Kausik Chakraborty.
09/06/2023 2:38 PM

# “The Knowledge Library”

Knowledge for All, without Barriers……….

## The Knowledge Library

### Hypothesis Testing for Differences between Means and Proportions

Hypothesis tests are normally done for one and two samples. For one sample, researchers are often interested in whether a population characteristic such as the

### Time Series and Forecasting

A time series is an assemblage of data recorded over a period of time whether it is weekly, monthly, quarterly, or yearly. A time series

### Linear Programming – Problem Formulation, Simplex Method and Graphical Solution, Sensitivity Analysis

Linear programming is a mathematical procedure to find out best solutions to problems that can be stated using linear equations and inequalities. If a real-world

### Decision Theory

Decision theory is a principle associated with decisions. Contemporary decision theory was developed in the mid of the 20th century with the support of several

### Sampling Distributions

Sampling distribution or finite-sample distribution is the probability distribution of a given statistic based on a random sample. Sampling distributions are vital in statistics because

### Central Limit Theorem

The Central Limit Theorem has great significance in inferential statistics. This theorem was evolved by Abraham de Moivre, a French-born mathematician who used the normal

### Index Numbers

Index numbers are intended to measure the degree of economic changes over time. These numbers are values stated as a percentage of a single base

### Introduction to Probability, Discrete and continuous Probability Distributions

Probability is associated with randomness and uncertainty. It is a mathematical field which is similar to geometry and analytical mechanics. Academicians explained probability as the

### Chi Square Test

The statistical procedures are suitable only for numerical variables. The chi square distribution is a theoretical or mathematical distribution which is extensively applicable in statistical