Smarten
JUNE 29, 2018
This article discusses the Paired Sample T Test method of hypothesis testing and analysis. What is the Paired Sample T Test? The Paired Sample T Test is used to determine whether the mean of a dependent variable e.g., weight, anxiety level, salary, reaction time, etc., is the same in two related groups.
Smarten
JUNE 29, 2018
To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1.
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Smarten
JUNE 29, 2018
How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. The closer this value is to 0, the weaker the relationship/association is between both variables. Use Case – 1.
Smarten
JUNE 26, 2018
This article describes chi square test of association and hypothesis testing. What is the Chi Square Test of Association Method of Hypothesis Testing? This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. Use Case – 1.
datapine
JANUARY 24, 2021
5) Which statistical analysis techniques do you want to apply? There are dozens of statistical analysis techniques that you can use. The visual reports you provide them with should be easy-to-use and actionable. 8) What data visualizations should you choose? Also: think about the status of the final users.
Smarten
AUGUST 7, 2018
If these terms seem foreign to you, just know that they represent the future of business analysis. As organizations adopt self-serve business analysis, the business user with average technology skills must be able to leverage tools that are sophisticated, yet easy to use.
Smarten
JANUARY 8, 2019
What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business? Assisted predictive modeling suggests techniques to analyze data that will result in the right outcome for the goals of the analysis.
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