Simple and Weighted average
by Simple Averages Simple average of a set of values is determined by dividing the sum …
Month: December 2022
Measures of Central Tendency
Measures of Central Tendency or Averages have been defined differently by different statisticians. “A measure …
Classification and Tabulation, Objects, General rules for the construction of tables
Tabulation is the systematic arrangement of the statistical data in columns or rows. It involves …
Methods and Instruments of Data Collection
Quantitative data collection methods typically use standardized response categories. Surveys are the most common example. …
Methods of Sampling
Probability Sampling Techniques Random Sampling When: There is a very large population and it is …
Census and Sampling
In Statistics, the basis of all statistical calculations or interpretation lies in the collection of …
Statistics, Introductions, Definition, Characteristics, Nature, Scope, Importance, Limitations and Distrust
Statistics, Introductions, Definition, Characteristics, Nature, Scope, Importance, Limitations and Distrust
Exchange Control Meaning, Objective and Methods
Exchange controls are government-imposed controls and restrictions on private transactions conducted in foreign currency. The …
Factors Causing Fluctuations in Exchange Rate
Currency fluctuations are a natural outcome of floating exchange rates, which is the norm for most …
Exchange Rate
Foreign exchange rate is the price at which one currency can be converted into another. …