What is the difference between Parameter and Statistic? A statistic and a parameter are quite similar. They are both describing any of particular groups, like “50% of homeowners prefer Y brand home developers.” The difference between a statistic and a parameter is that statistics describe a sample. A parameter describes an entire population.Difference between Parameter … [Read more...] about What is the difference between Parameter and Statistic?
What Are The Differences Between Primary Data and Secondary Data?Photo CourtesyWhat Are The Differences Between Primary Data and Secondary Data?What Do You Mean by Data?Data are raw, Disorganized facts and figures collected from any field of inquiry.The term primary data refers to the data originated by the researcher for the first time. Secondary data is the … [Read more...] about What are The Differences Between Primary Data and Secondary Data?
What is the Difference Between Population and Sample? If we consider the general concept, 'Population' indicates a large group of people. In this instance, in the field of statistics population termed as a large group that consists of elements having at least one common feature. Another one is "Sample", which is a subset of the term "Population" that is selected to represent … [Read more...] about What is the Difference Between Population and Sample?
History of Pi and its use. π (Pi), Its History and Use :History of Pi and its useAlso Find Out on SlideShareSequenceProblem Statement Objectives and Scopes Data and Methodology What is π (Pi) History of π (Pi) Use of Pi (π) Findings RecommendationsProblem StatementWe might We always use π (Pi) in our everyday life, but we merely … [Read more...] about Pi Day | History of Pi and its use | BBALectures
Two Methods of Measuring Risk ( Measures of Risk ). Risk arises from the expected volatility in the asset’s return over time caused by one or more of the following sources of returns on Investment.Fluctuations in expected income.Fluctuations in the expected future price of the asset.Fluctuations in the amount an investor can reinvest and fluctuations in returns … [Read more...] about Two Methods of Measuring Risk – Absolute and Relative Measure of Risk