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Organizers’ Calculation Error Caused Too Many Attendees

A miscalculation by organizers contributed to too many ticketed attendees at the tragic Astroworld festival in November 2021, new court records show. The documents, obtained by Houston Landing and filed in the weeks before organizers face civil litigation from some of the attendees of Travis Scott’s Houston fest against the rapper and Live Nation among others, also reveal that organizers fretted just 10 days before Astroworld about how the fest would fit 50,000 people outside NRG Park. “I feel like there is…

Tesla is now accounting for ‘battery age’ in its range calculation

Tesla is now starting to account for “battery age” in its estimated range calculation for its electric vehicles. I have long been advocating for prioritizing accurate range prediction over a longer range in curbing range anxiety. Don’t get me wrong, a longer range can be useful, but if you know what where you are going, the main thing is that you know you can get there and your range doesn’t start dropping faster than anticipated. Range calculations are difficult regardless of the type of…

Tesla reveals everything that affects its range calculation

Tesla reveals everything that affects its range calculation Range calculations are difficult regardless of the type of powertrain – electric or internal combustion engine. There are just so many factors that can affect the efficiency of a vehicle on a road that it is hard to determine how far it can go on a full battery pack or tank of gas. But it is important. I’d argue that accurate range prediction is better at curbing range anxiety than longer range. Tesla has been a leader in…

Calculation of Range and Coefficient of Range

What is Range?Range is the easiest to understand of all the measures of dispersion. The difference between the largest and smallest item in a distribution is called range. It can be written as:Range (R) = Largest item (L) – Smallest item (S)For example, If the marks of 5 students of class XIth are 20, 15, 18, 14, 17. After arranging the marks in ascending (or descending) order, the difference between the highest and lowest scores will be the range of marks. Therefore, the range in this case will be 20 – 14 = 6.The range,…

Type I & II Errors and Sample Size Calculation in Hypothesis Testing | by Aaron Zhu | Feb, 2023

Factors Influencing the result in Hypothesis TestingPhoto by Scott Graham on UnsplashIn the world of statistics and data analysis, hypothesis testing is a fundamental concept that plays a vital role in making informed decisions. In this blog, we will delve deeper into hypothesis testing, specifically focusing on how to reduce type I and type II errors. We will discuss the factors that influence these errors, such as significance level, sample size, and data variability. So, let’s dive in and explore the intricacies of…

Calculation of Mode in Continuous Series

The ‘word’ mode gets its roots from the old French word ‘La Mode’, which means most popular phenomenon, and from the Latin word ‘Modus’, meaning measurements, quantity, way or manner. However, in English, the literal meaning of mode is ‘the most frequent value in a set of values’. Mode, therefore, in statistics, refers to the variable that occurs most of the time in the given series. In simple words, a mode is a variable that repeats itself most frequently in a given series of variables (say X). We can determine the mode…

Calculation of Correlation with Scattered Diagram

What is Correlation?A statistical tool that helps in the study of the relationship between two variables is known as Correlation. It also helps in understanding the economic behaviour of the variables. However, correlation does not tell anything about the cause-and-effect relationship between the two variables. Correlation can be measured through three different methods; viz., Scatter Diagram, Karl Pearson’s Coefficient of Correlation, and Spearman’s Rank Correlation Coefficient. According to L.R. Connor, “If two or more…

Calculation of Karl Pearson’s Coefficient of Correlation

A statistical tool that helps in the study of the relationship between two variables is known as Correlation. It also helps in understanding the economic behaviour of the variables. However, correlation does not tell anything about the cause-and-effect relationship between the two variables. Correlation can be measured through three different methods; viz., Scatter Diagram, Karl Pearson’s Coefficient of Correlation, and Spearman’s Rank Correlation Coefficient. According to L.R. Connor, “If two or more quantities vary in…

Online gaming in India likely to attract 28 per cent GST instead of 18, calculation method to be tweaked- Technology News, Firstpost

FP StaffNov 22, 2022 14:23:48 ISTThe Indian government is likely to tax online gaming at the rate of 28 per cent under Goods and Services Tax, instead of the current 18 per cent. It is also likely to suggest a new, revised formula for calculating the amount on which the GST would be levied. The Indian government has finally decided that online gaming essentially falls under the category of ‘demerit goods’ and hence should attract a 28 per cent GST. Image Credit: Pexels At present online gaming attracts 18 per cent GST,