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Methodologies adopted in data analysis
There are two main methodologies used in data analysis process:
It helps to summarize different data collected from certain samples while using indexes that includes mean, standard deviation and inferential statistics. It is also a methodology that can be used in case of understanding the distribution pattern where there are two different sets of data.
This is the statistics that contains all kind of inferences and it is through probability theory which can analyze the random phenomena. Wileyplus statistics homework answers will ensure to adopt methodology that deals with building up a relation among two sets of data.
Hypothesis related to statistics is also derived only by comparing two sets of data and establishing a relationship to conclude the final results.
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Types of variable notions in statistics
Statistics is a subject that would deal with relationships and also help to analyze the variables. There are two different types of variable notions: (i) correlation (ii) regression.
It is a kind of technique that enables to understand statistical units and also measure strength and direction of two variables. Our Wileyplus statistics homework answers make sure that you have a convenient and easier learning process.
It is known to be a process that can help to measure strength of any relationship between a dependent variable along with changing variables.
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