Tags : statistics

What is Quantitative Data – Definition, Examples

Data is the main stay of every industry and sector. Ever since the organizations have realized the importance of data for their growth and success, they have started collecting data. The collected data is segregated into two categories: Quantitative Data Qualitative Data While both the data types are important for organizations to garner insight, in […]Read More

Reviewing important concepts of lineal Regression

Regression is probably the first method that students are taught when learning data analysis as it is the most popular application within the industry. Business Companies implement regression to find out responses they want to understand to make projections or make business decisions such as forecasts to identify product prices that will be best accepted […]Read More