Tag Archives: statistics

How To Analyse And Interpret The Data Using Various Statistical Tools And Techniques

Posted on July 19, 2023 by admin

Statistics is referred to as that branch of science which pertains to the data collection, organisation process, data analysis and inferences drawn from the study sample from the entire population collected. The study of statistical data and analysis needs an … Continue reading →

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How Statistics is Useful in Accounting and Auditing

Posted on July 6, 2023 by admin

Introduction Statistics plays a significant role in collecting, analysing and interpreting data. It has multifaceted facilities, and incorporating statistical tools, theories, and techniques helps the account to interpret the data. Applying statistical approaches and formulas is the backbone of financial … Continue reading →

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Correlation vs Causation: Understanding The Difference

Posted on March 28, 2023 by admin

Introduction Correlation and Causation are two interrelated concepts that have unique characteristics. It is crucial to comprehend their dissimilarities to assess and interpret scientific research accurately. This write-up will first discuss correlation and Causation separately and then compare the two … Continue reading →

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