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The 10 Best Lending Companies To Work For In New Jersey

Even if you enjoy your actual job, the company you work for can make or break your overall satisfaction at work. Because of this, it’s important to find employers that will treat you well and provide plenty of career opportunities. To help you with this, we’ve put together a list of ten of the best […]

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Prospective Study Vs. Retrospective Study: What’s The Difference?

There are many different types of studies that researchers use in order to draw conclusions about the world around us. There’s a lot of jargon, terminology, and overlap in the names and words used, making it difficult to know which kind of study is which. Two major study archetypes are prospective studies and retrospective studies. […]

Objective Data Vs. Subjective Data: What’s The Difference?

Both subjective data and objective data are used in many different fields, most often in statistical analysis. But it can be used in medicine, particularly nursing, sociology, and many other sciences. That being said, you may be wondering what exactly the difference between the two is and what counts as which. The differences between subjective […]

Exogenous Vs. Endogenous: What’s The Difference?

The terms exogenous and endogenous have two different major definitions. One is used in statistics and refers to exogenous and endogenous variables, and the other is in medicine. The words have similar meanings in both contexts; however, their exact definition ends up being different. In statistics, there are endogenous variables and exogenous variables. To get […]

Interpolation Vs. Extrapolation: What’s The Difference?

Statistics tend to take on a mystical quality for most people, meaning that the concepts seem beyond reach. For most of it, that isn’t true – the basic concepts and ideas behind statistics aren’t complex. And the more you know about them, the harder it is for someone to use them to deceive or mislead […]

Sample Vs. Population: What’s The Difference?

Understanding greater trends among a group of people (especially consumers) can be vital for progression. For instance, a company that wants to improve reception toward its products would benefit from understanding what consumers think of a said product. However, collecting en masse requires surveys and other data collection. And knowing the difference between a sample […]

Observational Study Vs. Experimental Study: What’s The Difference?

While the majority of us are familiar with the idea of an experiment or an observation in the vernacular, you may wonder if it’s any different in scientific jargon. The short answer is no; however, there is more specificity to it in terms of scientific studies. Merriam-Webster has several different definitions for the word observation, […]

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Observational Study Vs. Experimental Study: What’s The Difference?

While the majority of us are familiar with the idea of an experiment or an observation in the vernacular, you may wonder if it’s any different in scientific jargon. The short answer is no; however, there is more specificity to it in terms of scientific studies. Merriam-Webster has several different definitions for the word observation, […]

Reoccurring Vs. Recurring: What’s The Difference?

Similar words have been confusing English speakers for as long as we’ve had any sort of dictionary – likely before. However, once a word was defined, it was much easier to argue that someone was using it incorrectly than before the words were written down. In the case of reoccurring and recurring, the difference is […]

Linear Vs. Nonlinear: What’s The Difference?

In math classes, we learn about different types of equations that can help us in our everyday life. Linear and non-linear equations are statements used for varying statistical procedures which produce different results. Depending on your career, you may use linear or nonlinear equations to understand certain data points. Mathematical equations are utilized in a […]

Type One Error Vs. Type Two Error: What’s The Difference?

Type one errors and type two errors are both statistical terms that denote coming to the wrong conclusion based on misinterpreting the data. Both stem out of hypothesis testing and how the basis of that is formed. In order to understand what exactly makes a type one error or a type two error, you have […]

Discrete Data Vs. Continuous Data: What’s The Difference?

Discrete and continuous are both terms that are used in data processing in order to describe different sets of data and variables. Both are quantitative or numerical data, meaning that they are represented with numbers and can be processed mathematically. Statistics and data processing have a tendency to take on an air of mystique, but […]

Parameter Vs. Statistic: What’s The Difference?

Statistics and research have their own jargon and technical terms, and they’ve taken on an aspect of mysticism, making people believe they’re hard to understand. Most of the basic concepts, however, like the difference between a parameter and a statistic, aren’t complex once they’ve been explained to you. Parameter and statistic are both statistical terms […]

Histogram Vs. Bar Graph: What’s The Difference?

Both histograms and bar graphs are used to display data visually. Not only that, but both visual representations use a series of bars to convey the information, making it difficult to tell which is which. Most people are familiar with a bar graph, but histograms are less common. That being said, it’s entirely possible that […]

Validity Vs. Reliability: What’s The Difference?

The difference between validity and reliability is important in research, testing, and statistical analysis. Both are used to determine how well a test measures something, but the two of them tell you different things about your test. Validity is all about accuracy in your measurements, while reliability determines consistency. Ideally, you want your equipment to […]

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