In statistics and data analysis, understanding numeric concepts is very important. Most of the time, terms that appear similar can have different meanings and result to misinterpretations and erroneous conclusions. This is especially true when dealing with the concepts of percentage and percentile in diverse fields like education, finance or healthcare and research. Let us … Read more
Sunni and Shia are the two main sub-groups of Islam. Sunni and Shia share the most of the fundamental Islamic beliefs and articles of faith. The emergence of these two sub-groups can be traced way back to 623 A.D, when the Islamic Prophet Muhammad died. The death of Prophet Muhammad occasioned a debate as to … Read more
Without looking keenly, anyone can quickly arrive at a conclusion that both Australian and the New Zealand flags are similar. Indeed both Australian and New Zealand Flags have a blue background, and the symbols found in them are also very similar. Both contain the Union Jack (flag of the United Kingdom) at the top left … Read more
What Is ASPCA? ASPCA is an acronym for American Society for the Prevention of Cruelty to Animals is a non-profit organization founded 1886 by Henry Bergh in New York City. Henry Bergh believed strongly that animals are entitled to kind and respectful treatment at the hands of human and must be protected under the law. … Read more
The U.S. Navy and the U.S. Marine Corps are very unique branches of service and while they both involve maritime service and both are separate branches of the military, they are both a part of the Department of the Navy. Though both the US Navy and US Marine Corps are both seaborne, Marines are often … Read more
The Secret Service and the FBI are two closely related government agencies that play crucial roles in protecting national security. Though some may think they perform the same tasks, they both handle unique responsibilities and have many different roles in the overall security of United States. Knowing what’s the difference between the FBI and the … Read more
Linear and logistic regression are two common techniques of regression analysis used for analyzing a data set in finance and investing and help managers to make informed decisions. Linear and logistic regressions are one of the most simple machine learning algorithms that come under supervised learning technique and used for classification and solving of regression … Read more
Often the colors red, green, yellow and blue are easy for many people to differentiate. However, at tertiary level of color classification, some colors closely resemble other colors while some appear to be too technical in terms of the names they possess. Consequently, this creates confusion as to how different the colors are to others … Read more
Navy Blue, Royal blue and cobalt blue are among the popular shades of color blue. Blue being one among the three primary colors, has been a favorite color of millions of people especially women around the world. This can be attributed to the fact that, color blue is the color of the skies and oceans … Read more
What Is A Parameter? Parameter in statistic is any numerical quantity that characterizes a given population or some aspect of it. When we make inference, the parameter is not known because it is impossible to collect data from everyone in the population. In this regard, we use a statistic of a sample picked from the … Read more