Statistical methods are nothing but various analytical methods and techniques used to understand, interpret or represent statistical data.  In a broad sense statistical methods can be either experimental or observational.

 

Graduate Tutor’s Statistics homework help group consists of CPA and MBA tutors who can tutor you on various Statistical methods. Our Statistics tutors can also tutor you on a variety of statistical tools and techniques that are used in statistical methods.

 

Statistical methods follow a few basic steps such as:

• Understanding objectives and purpose of using statistical methods
  
  
• Planning the research
  
  
• Design of experiments and implementing the experiments
  
  
• Collecting observations and understanding the observation using statistical methods (descriptive statistics)
  
  
• Reaching consensus about what the observations tell about the world being observed using statistical methods. (Statistical inference)
  
  
• Documentation of the study

A few common techniques used in statistical methods are:

• Analysis of Variance (ANOVA)
  
  
• Chi-Square test
  
  
• Correlation
  
  
• Factor analysis
  
  
• Regression analysis
  
• Simulation
  
  
• Queuing theory
  
  
• Linear programming and Optimization Modeling

 

Graduate Tutor’s MBA, CPA and CFA tutors provide online homework help and tutoring for a wide variety of subjects including statistical methods.  Our statistical methods homework help and live tutoring programs are conducted online live making it very convenient, effective and affordable.