Welcome to On Statistics
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Hidden Truth: A Journey into Inferential Statistics
Imagine you’re a detective, investigating a crime scene. You can’t interview every single person in the city, but by analyzing clues and interviewing a few suspects, you can form an educated guess about the culprit. Similarly, in statistics, inferential statistics acts as your detective toolkit, allowing you to draw conclusions about entire populations based on…
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Probability and Statistics: A Beginner’s Tutorial
Welcome to the wonderful world of probability and statistics! This tutorial will provide a basic introduction to these two interconnected fields, equipping you with the foundational knowledge to delve deeper. Part 1: Probability – The Language of Chance Probability deals with the likelihood of events happening. It helps us quantify uncertainty and make informed decisions…
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Navigating Market Maze Magic with The Efficient Market Hypothesis
Imagine a stock market where prices instantly reflect all available information, making it impossible to consistently “beat the market.” This is the core proposition of the Efficient Market Hypothesis (EMH), a fascinating and controversial theory in finance. Today, we’ll delve into its core ideas, explore its implications, and examine the ongoing debate surrounding its validity….
