The classical method of time series is done by decomposing… Read More »Classical Method of Time Series Analysis
Minitab is ideal for Statistical Analysis. R is great for complex statistical analysis. Python is ideal for Machine Learning and Data Science
Box Plots are used to get a good visual idea about the distribution of data and spot outliers.
We can use histograms in R to visualize continuous variables. In a histogram, the area of each column is proportional to the frequency.
Poisson Distribution outputs the probability of a sequence of events happening in a fixed time interval.