Monday, July 13, 2020

MS Excel Statistical Functions for Central Tendency

AVERAGE Provides an estimate of the mean or expected value of the data. To use it, supply the range of data you want the average of “=AVERAGE(data range).” For example, if you wanted...

Uni-variate distribution relationships

In statistics, a univariate distribution is a probability distribution of only one random variable. This is in contrast to a multivariate distribution, the probability distribution of a random vector (consisting of multiple random variables). Below is the quick overview of useful univariate...
Marketing Information System, MkIS, MIS, Marketing

Marketing Information System(MkIS) – Definition, Components and Applications

Detailed Introduction of Marketing Information System (MkIS) MkIS Marketing Information System (MkIS) collects, analyses, and supplies a lot of relevant information to the marketing managers. It is a valuable tool for...

What is Data Mining? – Simple Definition

The amount of raw data stored in corporate databases is exploding. From trillions of point-of-sale transactions and credit card purchases to pixel-by-pixel images of galaxies, databases are now measured in gigabytes...

What is Data Warehouse? – Simple Definition

WHAT IT IS: A data warehouse is a federated repository for all the data that an enterprise's various business systems collect. The repository may be physical or logical. Data warehousing is an electronic method...

What is Artificial Intelligence(AI)? – Simple Definition

Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Some of the activities computers with artificial intelligence are...


Global Warming – Data that responsible countries should care about

According to MSN News today, the southern Indian state of Andhra Pradesh had an electrifying night this week after officials reportedly recorded 36,749 lightning...

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