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“Will My Research Be Inductive Or Deductive?”
Research

“Will My Research Be Inductive Or Deductive?”

Practically, in all fields of research, proof for a specific situation is not possible; only the scientist makes evidence of...
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Introduction To Business Analytics And Operational Research Solution Methods, Including Decision Analysis, Linear Programming, Inventory Control, Simulation And Markov Chains
Statistics

Introduction To Business Analytics And Operational Research Solution Methods, Including Decision Analysis, Linear Programming, Inventory Control, Simulation And Markov Chains

In modern years, there is a growing demand in the field of business analytics. It actually means that what outcome...
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Can I Combine Qualitative And Quantitative Methods?
Statistics

Can I Combine Qualitative And Quantitative Methods?

Qualitative and Quantitative research provides a deep understanding of the problem in separate manner. Qualitative researches are often to be...
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What Approach Should I Take: Qualitative Or Quantitative
Research

What Approach Should I Take: Qualitative Or Quantitative

In practice, collection and analyzing the data involves two approaches: Qualitative and Quantitative approach. Each approach has diverse kind of...
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Explain And Execute Statistical Design And Analysis Of Two Variable Hypothesis
Statistics

Explain And Execute Statistical Design And Analysis Of Two Variable Hypothesis

In this blog, I will explain you how the statistical analysis is being applied for two independent samples. In practice,...
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Research Design Decisions And Be Competent In The Process Of Reliable Data Collection And Analysis
Statistics

Research Design Decisions And Be Competent In The Process Of Reliable Data Collection And Analysis

Research Design may be described as the researcher’s scheme of outlining the flow of his project. It is based on...
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Panel Data Analysis: A Survey On Model-Based Clustering Of Time Series
Statistics

Panel Data Analysis: A Survey On Model-Based Clustering Of Time Series

Clustering technique in Statistical Analysis is used to determine the subsets as clusters in the data using specified distance measure....
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Use Of Machine Learning Algorithms: Accessing World Bank Database & Google Trends To Predict Economic Cycle
Statistics

Use Of Machine Learning Algorithms: Accessing World Bank Database & Google Trends To Predict Economic Cycle

In Brief: With the combination of math, statistics, and computer science, the big data analysis and ML algorithms are becoming...
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Call Network / Call Detail Records As New Big Data Source To Predict Credit Scoring
Statistics

Call Network / Call Detail Records As New Big Data Source To Predict Credit Scoring

In Brief: Big Data Scoring is a cloud-based credit decision engine that helps banks, telecoms and consumer lenders improve credit...
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How Twitter Can Be Used As A Data Source For Economic Research: Critical Review From The Selected Economic Studies
Statistics

How Twitter Can Be Used As A Data Source For Economic Research: Critical Review From The Selected Economic Studies

In Brief: Today online social media platforms such as Twitter, Facebook or Youtube shield a big share of the wide-ranging...
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3 Most Important Challenges To Be Considered While Using Social Media Data For Medical & Healthcare Research
Statistics

3 Most Important Challenges To Be Considered While Using Social Media Data For Medical & Healthcare Research

In Brief: Studies indicated that patients primarily used Twitter (59.9%), particularly for increasing knowledge and exchanging advice and Facebook (52.3%),...
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Big Data Application To Predict Macroeconomic Indicators
Statistics

Big Data Application To Predict Macroeconomic Indicators

Introduction For quite a period, private agencies and government institutions are collecting and unifying information on several aspects of the economy, and over the period the opportunity of data collection has sufficiently grown,...
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