Standard Deviation is defined as an absolute measure of dispersion of a series. It is often misconstrued with the standard error, as it is based on standard deviation and sample size. Standard Error is used to measure the statistical accuracy of an estimate. These are two important concepts of statistics, which are widely used in the field of research. The difference between standard deviation and standard error is based on the difference between the description of data and its … [Read more...]

## Difference Between Movement and Shift in Demand Curve

In economics, demand is defined as the quantity of a product or service, that a consumer is ready to buy at various prices, over a period. Demand Curve is a graph, indicating the quantity demanded by the consumer at different prices. The curve is downward sloping from left to right, depicting an inverse relationship between the price of the product and quantity demanded. The movement in demand curve occurs due to the change in the price of the commodity whereas the shift in demand curve is … [Read more...]

## Difference Between Culture and Civilization

Have you ever wondered why the one who is poor and in a shabby attire is regarded as uncivilized, even though he may be the most cultured person and the one in a sophisticated outfit, is called civilized, but, may not be having the sense of culture? People often conflate the terms culture and civilization, and end up using them synonymously. However, the two terms have clearly defined meaning which differentiates them, i.e. culture is everything about the human society, while civilization is … [Read more...]

## Difference Between Grant and Scholarship

Whether it's a student or a businessman or any other entity, finance is the basic requirement, which buys all the stuff, needed in reaching the goal. All those people who are in need of money, to further their education or any project, can apply to the government for awarding grant or scholarship, so as to fulfil their monetary requirement. People often misconstrue, grant for scholarship, especially students, as both the schemes offer money to the students without having to repay them. … [Read more...]

## Difference Between Rows and Columns

When data is collected, in bulk and assembled by the researcher, then the next step to the data preparation process is to arrange it in a concise and logical manner, called as tabulation. It is a set of facts and figures which are presented in an organised way in rows and columns. People often misconstrue rows for columns, as they are used in the matrix, spreadsheets and classroom settings too, for the purpose of bifurcating categories, groups, types and so on. However, there exist a fine line … [Read more...]

## Difference Between Area and Volume

In geometry, the terms area and volume are quite commonly used, however, many students utter confusion in understanding the two terms, of Mensuration. Not only in mathematics, but also in our day to day life, these two concepts have a wider usage. As you can see, there are many objects around us, have certain area or volume, though we do not recognise it. While the area is the region covered by the closed plane figure, the volume is the amount of space occupied by an object. The article makes an … [Read more...]

## Difference Between Arithmetic and Geometric Sequence

The sequence is described as a systematic collection of numbers or events called as terms, which are arranged in a definite order. Arithmetic and Geometric sequences are the two types of sequences that follow a pattern, describing how things follow each other. When there is a constant difference between consecutive terms, the sequence is said to be an arithmetic sequence, On the other hand, if the consecutive terms are in a constant ratio, the sequence is geometric. Here, in this article we are … [Read more...]

## Difference Between MBA and Executive MBA

Someone has rightly said, "Learning has no end." Gone are the days when people believed that once they get the job, it's hard to continue studies. There are hundreds of programs run by the B-schools that offer degree courses in the working class. This not only increases their level of education but also boosts one's professional career. One such course is EMBA, which stands for Executive Master of Business Administration, which allows managers, executives, leaders, etc. to continue their … [Read more...]

## Difference Between T-test and ANOVA

T-test and Analysis of Variance abbreviated as ANOVA, are two parametric statistical techniques used to test the hypothesis. As these are based on the common assumption like the population from which sample is drawn should be normally distributed, homogeneity of variance, random sampling of data, independence of observations, measurement of the dependent variable on the ratio or interval level, people often misinterpret these two. But there is a thin line of demarcation amidst t-test and … [Read more...]

## Difference Between One Way and Two Way ANOVA

When it comes to research, in the field of business, economics, psychology, sociology, biology, etc. the Analysis of Variance, shortly known as ANOVA is an extremely important tool for analysis. It is a technique employed by the researcher to make a comparison between more than two populations and help in performing simultaneous tests. In one way ANOVA the researcher takes only one factor while in the case of two way ANOVA the researcher investigates two factors concurrently. For a layman these … [Read more...]

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