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Key Differences

Know the Differences & Comparisons

Difference Between IQ and EQ

Last updated on August 19, 2017 by Surbhi S

Before elucidating the difference between IQ and EQ, let us first understand, what these terms actually mean. EQ or say Emotional Quotient refers to a person's ability to understand his/her emotion along with the other person's emotions, whereas IQ stands for Intelligence Quotient indicates a person's intelligence level. Many people hold that IQ is more important for a person to achieve success in life while researchers hold that people with high EQ are more successful in their careers. So, … [Read more...]

Difference Between Qualitative and Quantitative Research

Last updated on November 19, 2018 by Surbhi S

Research is the most widely used tool to increase and brush-up the stock of knowledge about something and someone. In the field of marketing, business, sociology, psychology, science & technology, economics, etc. there are two standard ways of conducting research, i.e. qualitative research or quantitative research. While the qualitative research relies on verbal narrative like spoken or written data, the quantitative research uses logical or statistical observations to draw … [Read more...]

Difference Between Stratified and Cluster Sampling

Last updated on February 7, 2023 by Surbhi S

In our earlier article, we've discussed probability and non-probability sampling, in which we came across types of probability sampling, i.e. Stratified Sampling and Cluster Sampling. In stratified sampling technique, the sample is created out of the random selection of elements from all the strata while in the cluster sampling, all the units of the randomly selected clusters form a sample. In stratified sampling, a two-step process is followed to divide the population into subgroups or … [Read more...]

Difference Between Probability and Non-Probability Sampling

Last updated on July 14, 2022 by Surbhi S

Sampling means selecting a particular group or sample to represent the entire population. Sampling methods are majorly divided into two categories probability sampling and non-probability sampling. In the first case, each member has a fixed, known opportunity to belong to the sample, whereas in the second case, there is no specific probability of an individual to be a part of the sample. For a layman, these two concepts are the same, but in reality, they are different in the sense that in … [Read more...]

Difference Between Survey and Questionnaire

Last updated on August 19, 2017 by Surbhi S

Survey and questionnaire are the two methods of acquiring data, from the respondents, based on interrogation.  Both of them are methods used in the gathering primary data, whether it is for the marketing of a product, or collecting information from people on social issues. Surveys are the conventional way of carrying out research in which the respondents are questioned, with respect to their behaviour, awareness, motivations, demographics, and other characteristics. Conversely, Questionnaires … [Read more...]

Difference Between Census and Sampling

Last updated on August 19, 2017 by Surbhi S

Census and sampling are two methods of collecting survey data about the population that are used by many countries. Census refers to the quantitative research method, in which all the members of the population are enumerated. On the other hand, the sampling is the widely used method, in statistical testing, wherein a data set is selected from the large population, which represents the entire group. Census implies complete enumeration of the study objects, whereas Sampling connotes enumeration … [Read more...]

Difference Between Knowledge and Wisdom

Last updated on March 25, 2019 by Surbhi S

Many people mistakenly juxtapose knowledge for wisdom, as both are nouns and used in the English language. But the truth is that they are different. There are many quotes and sayings of knowledge and wisdom given by the experts and great personalities that define the significance of these two terms. Sir Francis Bacon said "Knowledge is power" while Gautam Buddha, hold that "Wisdom is highest of all five virtues". Knowledge is the accumulation of information, learned through education or … [Read more...]

Difference Between Motivation and Inspiration

Last updated on June 19, 2018 by Surbhi S

"Where there is a will there is a way", is an old saying that motivates and inspires us to work and stay committed to our lifetime goals. All of us need some motivation and inspiration at some point in time in life. Many people might think that these two disciplines are more or less the same thing, but they are entirely different concepts. While motivation is always from an external source in an external environment, inspiration comes from within. The term motivation comes from the word … [Read more...]

Difference Between SLM and WDV

Last updated on August 12, 2017 by Surbhi S

In accounting glossary, the term depreciation is often used, for writing off the value of the asset over its useful life. It is nothing but the decrease in the value of the fixed asset because of continuous use, the passage of time and technological obsolescence. There are nine different methods of calculating depreciation of assets out of which straight line method and written down value method is widely used. In straight line method (SLM), an equal amount of depreciation is written off every … [Read more...]

Difference Between Art and Craft

Last updated on June 8, 2020 by Surbhi S

Weaving, painting, sculpture, pottery, photography, embroidery, macrame, etc. is it art or craft? These are two forms of creativity that are commonly juxtaposed by the people, as they don't see any difference in them. But the fact is that art is different from the craft in a sense that art is a creative merit that comes from within. On the contrary, the craft is skilled work, wherein there is an application of technique, that people learn through much practice. Next, art emerges from the … [Read more...]

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