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Cartogram or Mapograph:
Statistical maps are also used to represent data like density of population indifferent states in the country or different countries in the world or the distribution of rainfall etc. They are usually used to depict the quantitative facts on regional or geographical basis. Cartograms are simple and elementary forms of visual presentation and are very easy to understand. While highlighting the regional or geographical comparisons, comparisons, mapographs or cartograms are generally used.
If the economy does well, the investor's wealth is 2 and if the economy does poorly the investor's wealth is 1. Both outcomes are equally likely. The investor is offered to invest
what is the aim of statistics?
worked model
Mode The mode is the value which occurs most frequently in a set of observations on the point of maximum frequency and around which other items of the set cluste
These techniques are applied when the rows and the columns of the data table represent the same units and when the measure is a disiance or a similarity. The goal of the analysis i
Explain any two applications of statistics
PROPERTIES 1. The value of standard deviation remains the same if, in a series each of the observation is increased or decreased by a constant quantity. In statistical lan
find the average rate of increase in population which in the first decade has increased 20%.in the second 25% and in the third 44%
The proportion of American Express credit-card holders who pay their credit card bill in full each month is 23%; the other 77% make only a partial or no payment. (a) In a random
Disadvantages For calculating median it is necessary to arrange the data; other averages do not need any arrangement. Since it is a positional average, its value is not d
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