What is sampling?

We all know ‘Sample’ means a small part or quantity intended to show what the whole is like. Similarly, the ‘Random Sampling’ is a way of selecting a portion chosen from the population in order to make inferences about the whole population. For example, pre-polls or exit polls results obtained from random voters aims to…

What is regression analysis?

Regression analysis is a form of inferential statistics. It is a measure of the relation between the mean* value of one variable (e.g. output) and corresponding values of other variables (e.g. time and cost). Regression model can help predict sales for a company based on weather, previous sales, GDP growth or other types of conditions.…

What is capital reserve?

The term capital reserve is sometimes used for the capital buffers that banks have to establish to meet regulatory requirements which are different from cash reserves that banks to maintain as per Central Bank (RBI) regulations. In general terms, a capital reserve is an account on the balance sheet of a company that can be…