Data Sufficiency In Statistics

 Data Sufficiency in Statistics A sufficient statistic is a statistic that summarizes all of the information in a sample about a chosen parameter. For example, the sample mean, x̄, estimates the population mean, μ. x̄ is a sufficient statistic if it retains all of the information about the population mean that was contained … Read more

Calculation Of Income Tax

 Calculation of income tax (for salaried person and excluding house rent allowance) Salary is made up of various components such as:   Basic salary,    House rent allowance (HRA),   Special allowance Other allowances, reimbursements etc.   However, not all of the amount received as salary is fully taxable. A part of it … Read more

Direction Test

 Direction test     Introduction: There are four main directions – East, West, North and South as shown below:         There are four cardinal directions – North-East (N-E), North-West (N-W), South-East (S-E), and South-West (S-W) as shown below:       Key points   At the time of sunrise if a man stands facing the east, his shadow will be towards … Read more

Puzzle Test

 Puzzle Test Puzzle Test section comprises problems put in the form of puzzles involving certain number of items, be it persons or things. The candidate is required to analyse the given information, condense it in a suitable form and answer the questions asked.     In this type of test, the questions are … Read more

Time & Work

 TIME AND WORK In these problems the number of persons, quantity of work done and time taken are important factors. Also time taken by a person depends on the efficiency of that person which comes into picture when different people do the work such as women, children do the work … Read more

Prepositions

 Prepositions Prepositions are short words (on, in, to) that usually stand in front of nouns (sometimes also in front of gerund verbs). Even advanced learners of English find prepositions difficult, as a 1:1 translation is usually not possible. One preposition in your native language might have several translations depending on the situation. The … Read more

Median

 Median Median is the middle number in a sorted list of numbers. To determine the median value in a sequence of numbers, the numbers must first be arranged in value order from lowest to highest. If there is an odd amount of numbers, the median value is the number that is in the … Read more

Time And Distance And Intrest

 Time and distance Relationship between speed, distance and time Speed = Distance / Time or Distance = Speed × Time Average Speed = 2xy / x+y where x km/hr is a speed for certain distance and y km/hr is a speed at for same distance covered. As we know, Speed = Distance/ Time. … Read more

Average

 Average   What is Average? The result obtained by adding several quantities together and then dividing this total by the number of quantities is called Average. The main term of average is equal distribution of a value among all which may distribute persons or things. We obtain the average of a number using formula that … Read more