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People often want to understand the challenges and opportunities in Data Science domain to fully evaluate the potential and scope. In this article we will try and address this question so that you can take a better informed decision. Data science is coined as one the sexiest job of the 21st century in the technology domain and the opportunities are tremendous. Data Science can be your forte if you love […]
What is Randomized Control Trial? It is a study design where the participants of the study are randomly assigned in one of the two groups, experimental or control group. As the study progresses, the only difference between the experimental and control group is the outcome variable that is of interest (or which is being studies). What are the Advantages of Randomized Control Trial Study Design? The advantages of randomized control […]
Majority of the quantitative research studies that are undertaken by academician and scholars will be one of three types, which we refer to as duplication, generalization or extension. Duplication research studies take some published research and then repeat it under identical scenario and check if the results obtained are same as in the original research study. In some cases the researcher might just use the original data and reanalyze to […]
Time Series is an ordered sequence of values of a variable at equally spaced time intervals. The analysis of time series data using different statistical techniques is called as time series analysis. There are primarily two uses of time series analysis: To obtain an understanding of the underlying forces and structure that produced the observed data. Fit a model and proceed to forecasting, monitoring or even feed-back and feed-forward control. […]
