Monthly Archives: May 2017

Measurement Scales–Nominal, Ordinal, Interval and Ratio

Measurement scales are classified popularly under four categories: Nominal, Ordinal, Interval, Ratio. Let’s discuss in brief about these measurement scales before going on for some technical details. If you want to test Network of 50 smart phone users. Let’s begins by evaluating each on 4G – Non 4G data; this is a nominal measurement. Then the users ranks the Quality …

Common symbols used in statistical tests

Each statistical tests or methods has its own terminology and symbols, but the following are commonly used by all statisticians / researchers N – Size of population n – number of observations (sample size) K – number of samples (each having n elements) α (Alpha) – level of significance v (Nu)- degrees of freedom σ (Sigma)- standard deviation (population) s …

Capital market: Primary Market and Secondary Market

A capital market is a financial market in which long-term debt or equity-backed securities are bought and sold. Capital market is segmented in to two market Primary Market and Secondary Market. Primary Market Primary market provides an opportunity to Government and corporations, to raise funds through issue of securities. The securities may be issued in the domestic or international markets, …