Statistics Concepts

Central Limit Theorem & Law of large numbers in Statistics

Central Limit Theorem (CLT) is a fundamental concept in statistics..

Scales of Measurement in Statistics defines ….

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

Statistics come from word “Statista” which is an Italian word which means any statement It came in to picture somewhere in 1660.

Confidence interval is the range of estimate we are making. Say for e.g we are 95 % confident that True mean will lie between 40 and 60