## Central Limit Theorem & Law of large numbers in Statistics

The Central Limit Theorem (CLT) is a fundamental concept in statistics that states that the sampling distribution of the mean of a random sample, regardless of the shape of the population distribution

## Scales of Measurement in Statistics – Nominal, Ordinal, Interval and Ratio

Measures of central tendency are statistical measures that describe the typical or central value of a dataset. The three commonly used measures of central tendency are the mean, median, and mode. Let’s explore each of them with examples: In statistics, there are four commonly recognized scales of measurement: nominal, ordinal, interval, and ratio. These scales represent different levels of measurement and determine the types of statistical analyses that can be performed on the data. Let’s explore each scale with examples: Scale of measurement Properties Examples Nominal – Data is classified…

## Sampling and Types of Sampling

Sampling is a statistical technique that allows statistician, researchers to infer about a population based on results generated from Sample