There is a common misconception of the students that grant and scholarship are same, as both the schemes offer money to the students without having to repay them. However, there is a thin line of difference between these two terms, which remain unnoticed by many. While grants are awarded to all the persons who are in need of it, but scholarship is awarded to students only. Whether it's a student or a businessman or any other entity, finance is the basic requirement, which buys all the stuff, … [Read more...]

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 tabulation. It is a set of facts and figures which are presented in an organised way in rows and columns. While rows are meant to run horizontally, columns are drawn vertically. People often misconstrue rows for columns, as they are used in the matrix, spreadsheets and classroom settings too, for the purpose of bifurcating … [Read more...]

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 measurement of area is done in suqare metres, whereas the measurement of volume is done in cubic metres. The terms area and volume are two important concepts of mensurations have a wide usage not only in mathematics but also in our day to day life. The article … [Read more...]

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. In an arithmetic sequence, … [Read more...]

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...]

There is a thin line of demarcation amidst t-test and ANOVA, i.e. when the population means of only two groups is to be compared, the t-test is used, but when means of more than two groups are to be compared, ANOVA is preferred. 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 … [Read more...]

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 of data. It is a technique employed by the researcher to make a comparison between more than two populations and help in performing simultaneous tests. There is a two-fold purpose of ANOVA. In one way ANOVA the researcher takes only one factor. As against, in the case of two-way ANOVA, the researcher … [Read more...]

In mathematics, you might have encountered the terms expression and equation very often. As both combines number and/or variables, people often misunderstood an expression for an equation. However, these two mathematical terms are not same, and a big difference lies in their arrangement, that explains what they represent. The best way, to identify, whether a given problem is an expression or equation is that if it contains an equal to sign (=) it is an equation. However, if it does not … [Read more...]

In mathematics and statistics, the line that demarcates sequence and series are thin and blurred, due to which many think that these terms are one and the same thing. Nevertheless, the notion of sequence differs from series in the sense that sequence refers to an arrangement in the particular order in which related terms follow each other, i.e. it has an identified first unit, second unit, third unit and so forth. When a sequence follows a particular rule, it is called as progression. It is … [Read more...]

Mathematics is nothing but a number game. A number is an arithmetical value that can be a figure, word or symbol indicating a quantity, which has many implications like in counting, measurements, calculations, labelling, etc. Numbers can be natural numbers, whole numbers, integers, real numbers, complex numbers. Real numbers are further divided into rational numbers and irrational numbers. Rational numbers are the numbers which are integers and fractions On the other end, Irrational numbers … [Read more...]