Elasticity of Demand vs Price Elasticity of Demand Similar in meaning to the expansion of a rubber band, elasticity of demand refers to how changes in X (which can be anything such as price, income, etc.) can affect the quantity demanded. The most commonly known and easily understood type of elasticity of demand is […]
Archives for November 2012
Difference Between Association and Correlation
Association vs Correlation Association and correlation are two methods of explaining a relationship between two statistical variables. Association refers to a more generalized term and correlation can be considered as a special case of association, where the relationship between the variables is linear in nature. What is Association? The statistical term association is defined […]
Difference Between ANOVA and MANOVA
ANOVA vs MANOVA ANOVA and MANOVA are two statistical methods used to check for the differences in the two samples or populations. What is ANOVA (Analysis of Variance)? Analysis of the variance is a method of investigating the differences between two samples, or populations. ANOVA does not involve the analysis of relation between two […]
Difference Between Gazelle and Antelope
Gazelle vs Antelope Antelopes including gazelles are very important animals living in Asia and Africa. Since gazelle is a member of the antelope species, their speciality should be understood well. This article provides information on antelopes in general and gazelle in particular. Therefore, it would be easy to understand the difference between gazelle and […]
Difference Between Bullmastiff and Boxer
Bullmastiff vs Boxer Bullmastiff and boxer are two of the most popular dog breeds. Their characteristics would be important to know as some people could misidentify these for each other, especially due to the slight resemblance in their conspicuous head shapes. Bullmastiff and boxer breeds mainly differ from each other in body shapes, sizes, […]
Difference Between Circumference and Perimeter
Circumference vs Perimeter Perimeter is a concept in geometry and refers to the length of a closed boundary around a figure, especially an area. As with most terms used in geometry, perimeter also has Greek origins, peri meaning around and meter meaning measure. The perimeter of a geometric figure can be calculated using the […]
Difference Between Calibration and Validation
Calibration vs Validation Calibration and validation are two processes in manufacturing to guarantee the quality of the product or related apparatus. With the calibration, the measurements are compared with an accepted reference measurement, to assure the considered measurements comply with the requirements. With the validation, the performance, quality, and other operating parameters of a […]
Difference Between Possible and Probable
Possible vs Probable Probable and possible are two commonly used words in the English language. Even though these words do not share the same roots, they convey an idea very slightly different from each other. Therefore, as always with such things, there’s confusion regarding the meaning and the usage of the words. Oxford Advanced […]
Difference Between Sine and Arcsine
Sine vs Arcsine Sine is one of the basic trigonometric ratios. It is an inevitable mathematical entity you find in any mathematical theory from the high school level onwards. Just as the Sine gives a value for a given angle, the angle for a given value can also be calculated. Arcsin or Inverse Sin […]
Difference Between Variable and Constant
Variable vs Constant Variable and constant are two commonly used mathematical concepts. Simply put, a variable is a value that is changing or that have the ability to change. A constant is a value which remains unchanged. Even though the concepts are fundamental in many aspects of mathematics, in elementary levels, it is used […]
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