Coupons are the small vouchers or tickets issued by the sellers to offer customers discounts when they shop from them. Coupons have been used for many years to increase c...
Fixing the terminology A robot is not expected to be either huge or humanoid, or even material (in disagreement with Wikipedia, although the latter softens the initial d...
Algorithmic formulas are allowing quant trading to take over the financial capitals of the world. Math technologies are helping even the most novice traders conquer the s...
The original version of the central limit theorem (CLT) assumes n independently and identically distributed (i.i.d.) random variables X1, …, Xn, with finite varianc...
We often come across YouTube videos, posts, blogs, and private courses wherein they say “We accept the Null Hypothesis” instead of saying We fail to rejec...
Product complexity is on the rise. Manufacturers need to understand customer requirements, define, and design products, collaborate with global designers and suppliers, e...
As COVID-19 rampages across the globe it is altering everything in its wake. For example, we are spending on essentials and not on discretionary categories; we are saving...
Image source: Statistical Aid Cluster sampling is defined as a sampling method where multiple clusters of people are created from a population where they are indicative...
Predictive analytics tools are a key asset in detecting natural disasters. With higher accuracy than other weather detection sensors, they can detect early signs of an on...
Data analysis is the process of evaluating data using analytical and statistical tools to discover useful information and help you make business decisions. There are seve...