QualitySample Survey Designs: Basic Concept (Section 1)December 16, 20143 CommentsIntroduction As Deming (1950) so succinctly puts it: “Sampling is not mere substitution of a partial coverage for a total…
QualityAnalysis of VarianceDecember 16, 20147 CommentsIntroduction The analysis of variance is a very powerful statistical tool for tests of significance. The test of significance, which…
QualitySample Survey Designs: Basic Concept (Section 2)December 16, 20144 CommentsAdvantages and Disadvantage of Census and Sample Surveys The total count of all units of the population for a certain…
QualityDemand Analysis: Segment 3December 15, 20145 CommentsWe will discuss some of the methods of estimating demand functions (or curves) given in previous part “Demand Analysis: Segment…
QualityDemand Analysis: Segment 4December 15, 20145 CommentsEngel’s Law and Engel Curves As already discussed, the family budget data (or cross section data) gives a detailed account…
QualityDemand Analysis- Segment 2December 12, 20145 CommentsTypes of data required for estimating elasticity The empirical demand analysis is based on the data obtained from two main…
Accounting, Banking & FinanceDemand Analysis: Segment 1December 11, 20144 CommentsIntroduction The demand for a particular commodity means the quality of a commodity which one acquires or is willing to…
Accounting, Banking & FinanceIndex Numbers- The Final ChapterDecember 10, 20146 Comments Index of Agricultural Production There are 3 different kinds of index numbers of agricultural production namely, Ministry of Agriculture…
Accounting, Banking & FinanceIndex Numbers- Index of Industrial ProductionDecember 9, 20144 CommentsThe index of industrial production is aimed at reflecting changes (increase or decrease) in the volume of industrial production (i.e.,…
QualityIndian Official Statistics: Part VDecember 8, 20143 CommentsPrice Statistics Price statistics available in Indian official publications may be discussed under three heads, viz., wholesale prices, consumer and…