In Statistics, Probability is defined as the chances or likelyhood of an event happening in a random experiment. Probability is measured on a scale of 0 (zero) to 1 where 0 indicates the event might never happen and 1 indicating a strong probability that the event will happen.

Probability theory can also be defined as the branch of mathematics that analyses random events. The result of a random event cannot be predicted before the event itself occurs and the final outcome is determined by chance.

Regression analysis in statistics is used to analyze the relationship between variables using a set of statistical processes. This is especially used in Statistical modelling and studies the relationship between a dependent variable (also known as the 'criterion variable') and one or more independent variables, also referred to as 'predictors'. Regression statistics helps us to understand changes in the value of the dependent variable when the value of one of the independent variables is changed and that of another independent variable is left unchanged.

In statistics, ANOVA is the acronym for 'Analysis of Variance'. As a student of statistics, there are many important terms you need to be familar with, with respect to ANOVA like: ANOVA test, one way ANOVA, two way ANOVA, MANOVA, Factorial ANOVA, Comparision between ANOVA and T-test, Repeated measures ANOVA. You will also need to familiarize yourself with how to run an ANOVA.

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A distribution function is also known as 'cumulative distributive function' or 'CDF'. Sometimes, it is also referred to as 'cumulative density function'. The CDF of a random variable X or more simply, 'the distribution function' of of X evaluated at x is the probability that X will assume a value less than or equal to x.

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A Random Variable, X, in statistics ia a variable whose possible values are the results of any random phenomenon. Random variables are of two types: discrete random variable and continuous random variable. Example of a random variable is the tossing of a coin, which can only have one of the two values - heads or tails.

The Pearson's Chi Square Test in statistics is also known as 'goodness of fit statistic'. It also indicates how much the the likelyhood of an observed distribution is due to chance.

The Binomial distribution is used as the basis for the well-known Binomial test of statistical importance.

A Binomial distribution with parameters n & p, can be defined as the discrete probability distribution of the number of successes in a range of independent experiments, n, with each asking a "yes-no" question and each with its own boolean outcome-a random variable with a single bit of information such as success/yes/true/one (with probability p) or failure/no/false/zero (with probability q-1-p).

Bernoulli Process: When you run the experiment for one single success/failure outcome, it is called Bernoulli experiment and the outcomes are known as Bernoulli Processes. Which means, for a single single trial, n=1, the Binomial Distribution is the Bernoulli Distribution.

Poisson Distribution is a statistical tool used in probability theory that predicts the probability of an event or multiple events happening when the frequency of occurrence of that event is already known. In other words, a Poisson distribution lets us know the probability of a sequence of events taking place in any fixed interval of time and space.

A Normal Distribution is also known as the Bell Curve. Other bell-shaped distributions incude the Cauchy Distribution, Student's T distribution and the Logistic distribution. The Normal Distribution is extensively used in statistics, business organizations and government offices. Normal Distribution is also known as the Gaussian or Laplace-Gauss or just Gauss distribution.

Data Analysis, in statistics is the process of "cleaning up, modifying and modelling data" in order to discover useful information, conclusions and assist in decision making. There are a number of methods and techniques for data analysis in statistics, each being used for a specific purpose in business, science and social science.

Business Intelligence is used by organizations to help with their strategic and operational decision making processes like product positioning, pricing and marketing decisions. Business Intelligence helps businesses to gain valuable insights into their own as well as competitor strategies, get information about new markets, check market demand and conditions for products and services for different market categories and analyze impact of marketing efforts and resources. Business Intelligence involves handling and analyzing huge amounts of data and generate valuable business that businesses use in a number of ways. According to Wikipedia, Business Intelligence provides "historical, current and predictive information" about business operations and consists of strategies and technologies used by business organizations for the analysis of large volumes of data. Business Intelligence is often abbreviated as just BI.

SPSS is the short form for "Statistical Package for Social Sciences". SPSS is one of the most popular statistical softwares and is currently known as IBM SPSS after IBM took over the parent company in 2009. SPSS has come a long way since its introduction into the market in 1968. Our experts provide elementary and advanced homework help for SPSS assignments. Follow the link for more information: We do SPSS homework.

Minitab is another popular statistical software, widely used for a number of statistical analysis with which companies can focus their resources and efforts on those areas where they have the most impact. Minitab offers a free 30 day trial period. Our statistics experts are extensively trained in Minitab and have intricate knowledge of the many features of this software. We are available 24/7-chat with us on our website any time of the night or day or drop us an email at info@urgenthomeworkhelp.com for 100% personalized Minitab homework help.

Matlab is a highly advanced engineering software and comes with strong statistical analysis capabilities thanks to it's statistics toolbox and econometrics toolbox. Matlab is not a simple menu driven software, instead engineers have to learn the Matlab programming language in order to leverage its strengths to the maximum. Our experts offer Matlab programming homework help to college and university students worldwide. We work on advanced as well as elementary Matlab programming homework topics. Contact us today for expert help with your Matlab homework help. Matlab is owned by a company called Mathworks. Check Matlab Programming Homework Help for more information.

Stata is a data analysis and statistical software which provides a complete, integrated environment that provides everything you could possibly need for effective data analysis, data management and graphics. Using Stata, you can carry out hundreds of different kinds of statistical analysis and get accurate results. Connect with us any time for advanced help with your Stata homework assignment. We guarantee top results, 24/7 support online and assured, on-time delivery.

SAS is another widely used software for statistical analysis. It offers great features for analytics, business intelligence and data management which helps companies to take business-critical decisions. We offer advanced SAS homework help for college and university students. Let our experts do your SAS homework assignments and be assured of top grades and delivery on time. We are open 24/7.

R language is a free statistical programming language which provides an ideal software environment for statistical computing and graphics. R language is also easy to learn and comes packed with many powerful features. Our experts can solve complex statistical homework and assignment problems using R. Contact us today-chat with our customer success team on our website or email us at info@urgenthomeworkhelp.com.

GRETL is another great statistical software. GRETL is an acronym for Gnu Regression Econometrics and Time-series Library. As is evident from its name, GRETL is used for a number of statistical analysis, mostly concerned with econometrics. Gretl is free and open-source. We do GRETL homework & assignments for college and university students. Contact us for 100% personalized GRETL homework help with assured scores.

Eviews is a powerful statistical software that is used mostly for time-series related econometric analysis. This software is MS Windows-based and offers researchers, business organizations and government organizations access to advanced forecasting and modelling tools. Initially developed by a company called QMS (Quantitative Micro SOftware), Eviews is now a part of IHS Markit Ltd. Contact us for help with your Eviews homework assignments. No matter how complex your assignment questions are, our experts can solve it accurately and provide expert solutions. We work 24/7. Chat with us any time or email us at info@urgenthomeworkhelp.com for immediate Eviews homework help.