Income Per Capita: Uses, Limitations, and Examples.

Income per capita is a measure of the average income earned by each person in a particular group, usually a country. It is often used as a measure of economic progress or standard of living. However, it has some limitations as a measure of economic well-being, and should be considered alongside other measures such as … Read more

Three-Way ANOVA.

A three-way ANOVA is a statistical test that is used to determine the effect of three independent variables on a dependent variable. The three-way ANOVA can be used to test for interaction effects between the three independent variables. Why use a MANOVA instead of ANOVA? There are a few reasons you might want to use … Read more

Mozambique New Metical (MZN) Definition.

The Mozambique New Metical is the official currency of Mozambique. It was introduced in 2006, replacing the old Mozambican Metical at a rate of 1 New Metical = 1,000 old Meticals. The New Metical is subdivided into 100 centavos. What 3 currencies are frequently used in Mozambique? The three currencies most frequently used in Mozambique … Read more