Diogo Marques, Author at EU Seguros - Page 15 of 25
a priori probability

a priori probability

What is A Priori Probability? In Statistics, there are key concepts important to know that we can use in our everyday lives so that anytime an investor is about to make a decision, he can have a better approach to the reasoning process. A priori Probability, from the...

3 statistical data types

In Econometrics and Finance analysis of large sets of data is required in order to identify the various financial indices. In this article, we will cover the various types of data used in the field of econometrics including Cross-sectional data, time-series data, and...

4 types of random sampling

Random sampling or probability sampling is a sampling technique in which each sample from a larger population has an equal probability of being chosen. A sample chosen randomly is meant to be an unbiased representation of the total population. It is usually more...