What is Hypothesis Testing?

Hypothesis testing is a statistical procedure that allows us to test assumptions or beliefs about a population based on sample data. It is a statistical procedure that is used to determine whether a hypothesis about a population parameter is supporte...

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Dec 19, 2022
What is a Normal Probability Plot?

A normal probability plot is a graphical representation of a data set used to assess whether the data follows a normal (bell-shaped) distribution. It is similar to a quantile-quantile plot (Q-Q Plot), which plots the quantiles of the data set against...

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Dec 19, 2022
Solve the Puzzle of Stem and Leaf Plots

Have you ever encountered a stem and leaf plot and wondered what it is and how to interpret it? If so, you're not alone. While stem and leaf plots may seem confusing initially, they are a simple and effective way to visualize data and understand its...

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Dec 18, 2022
Visualize Your Data with Box and Whisker Plots!

Data visualization is a crucial aspect of any data analysis or presentation. It allows us to quickly and easily understand patterns and trends in the data and make informed decisions based on this information. One helpful tool for visualizing data is...

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Dec 18, 2022
Calculating the Interquartile Range: A Quick Guide

The interquartile range (IQR) is a measure of the dispersion of a dataset. It is calculated as the difference between the 75th percentile (Q3) and the 25th percentile (Q1) of the data and is a way to identify the spread of the middle 50% of the data....

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Dec 18, 2022
Calculating the Range: A Quick Guide

The range is the difference between the largest and smallest values in a group of observations. To calculate the range, you need to find the dataset's smallest and largest values. Then subtract the smallest value from the largest value. In the case o...

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Dec 18, 2022
Measurements of Dispersion (Variation)

 In descriptive statistics, several common variation measurements are used to describe the spread or dispersion of a group of observations. Some of the most common measurements of variation include:Range: The range is the difference between the large...

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Dec 18, 2022
Risk-Based Thinking in ISO 9001:2015

ISO 9001:2015 is the latest version of the internationally recognized standard for quality management systems. This standard outlines the requirements for an organization to establish, implement, maintain, and continually improve a quality management...

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Dec 18, 2022