When you think of statistics, you probably think back to high school or college when you took the class. Always wondering when will you use sigma, mean or standard deviation. Statistics isn't only about that, it has to do with percentages and large...
Hypothesis testing tests could be a test statistic got from the data is more than or less than a critical value. Depending on the relation to the critical value, you either reject or accept the null hypothesis. Control charts function in a similar...
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