SIMPLIFYING STATISTICAL DECISION MAKING: A RESEARCH SCHOLAR’S GUIDE TO PARAMETRIC AND NON-PARAMETRIC METHODS

Submitted: July 30, 2024, Revised: Aug 12, 2024, Accepted: Aug 20, 2024, https://doi.org/10.56815/IJMRR.V3I3.2024/184-192

Abstract

The basis of any research is proper application of Research tools and techniques. A statistical technique is the foundation of any research, the correct utilization of these techniques will foster results that are valid and useful for the world to ponder upon. Through several literatures it has been observed that researchers are not well-versed with the utilisation of parametric and non-parametric Techniques. The purpose of conducting this study is to ease the confusion or lack of knowledge among the researchers in application of various parametric and non-parametric technique. This paper is an attempt to simplify the statistical decision for future research scholar. This study is useful as it converts the complex theoretical concepts of parametric and non-parametric techniques into simplified summarized content. This will eventually lead to the research fraternity fostering effective solutions to the social issues.