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…
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…
QualityMarkov AnalysisNovember 4, 20145 CommentsIntroduction Markov Analysis is a way of analysing the current movement of some variable in an effort to forecast its…
QualityForecastingNovember 4, 20144 CommentsIntroduction As the economic and business conditions vary over time, an organisation is closely related to how well management is…
QualityIndex Numbers: Consumer Price Indices- INovember 3, 20143 CommentsIn India, a number of consumer price indices are compiled at national and regional levels, and disseminated for general use.…