May 2025

Let’s assume from the scenario illustrated here, that the average income of all the customers is $1,300/month. Given that this amount is calculated from the sample drawn from the population, it is called a Statistic or Sample Statistic.

Let’s assume from the scenario illustrated here, that the average income of all the customers is $1,300/month. Given that this amount is calculated from the sample drawn from the population, it is called a Statistic or Sample Statistic. If you follow the assumptions rightly, then we can generalize this result to the whole population, thus […]

Hypothesis are claims about observations that can either be accurate or inaccurate. For example, the statement: the average weight of Americans studying at Harvard is 45kg. This statement can either be true or false. We can only test this hypothesis by recording the weight of each and every American student studying at Harvard and then […]

Let’s assume from the scenario illustrated here, that the average income of all the customers is $1,300/month. Given that this amount is calculated from the sample drawn from the population, it is called a Statistic or Sample Statistic.

Since a construct/latent variable is measured with multiple items, it is important to find the average of these items particularly when one wishes to conduct a multiple linear regression or maybe look out for the correlation between constructs. For our study, we shall learn how to find the average of the construct Perceived Quality of […]

In Exploratory Factor Analysis (EFA), the researcher has no prior intention of confirming the existence of any existing relationship prior to the analysis of the data, but instead, the researcher allows the various techniques, methods, procedures and rules to reveal the relationship in the data.