Statistics; you either hate it with a passion or love it like you never did before. But what to do, statistics homework assignments have to be dealt with. Statistics may seem to appear to be a humungous task. But the good news is that it's not. By following a few simple and general guidelines doing statistics homework need not be drudgery. They can also lessen the anxiety you feel while dealing with statistics homework. Here’s how. Having the right tools at your disposal can save you tons of time. Given below are some of the calculators that can be used in tackling most statistics problems.

- Basic calculator: As the name suggests, it is the most basic calculator needed for any type of calculation. They basically deal with simple arithmetical calculations. But it’s an absolute must-have before you start tackling any statistics assignment.
- Scientific calculator: This is a widely used handheld calculator. Mainly statisticians, scientists, educators, and academics use it. They have more functionalities than a basic calculator that can vary from one manufacturer to the other.
- Probability Calculator: Considered to be a lifesaver for many statistics students, a probability calculator calculates the probability of a given event. The best part about a probability calculator is its ability to produce a detailed calculation report.
- Financial calculator: Statisticians and accountants use financial calculators to calculate the future value of an amount. Feeding into some known parameters derives it.
- Factorial Calculator: A factorial calculator is used to calculate the number of ways an object can be arranged multiplying a given number by all the numbers below it.
- Statistics calculator: A statistics calculator calculates minimum, maximum, total, average, median, standard deviation and variance for a given group of numbers.
- Fraction calculator: Fraction calculators use the Euclid Theorem for reducing fractions while adding, subtracting, multiplying, and dividing fractions.
- Percentage Calculators: A percentage calculator is a basic calculator used to calculate the percentage of any number.

You may not need all of the above calculators. Examine the syllabus beforehand and assess for yourself which ones of these would be more relevant and would add value. If in doubt, consult with your teacher who was involved in the syllabus preparation as to which ones of the above calculators to invest in. Consulting a teacher prior can save you money and possessing the right calculator can save you your valuable time.

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