Type I and Type II Errors Explained

In hypothesis testing, two types of errors can occur: type I and type II. These errors refer to the incorrect rejection or acceptance of the null hypothesis respectively.Type I Error (Alpha)A type I error occurs when the null hypothesis is true but i...

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Dec 20, 2022
Null and Alternate Hypotheses

In statistics, the null and alternative hypotheses are two mutually exclusive and exhaustive hypotheses used in hypothesis testing to evaluate the evidence in a sample. The null hypothesis represents the default assumption that no significant differe...

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Dec 19, 2022
Steps for Hypothesis Testing (Two Approaches)

Hypothesis testing is a statistical procedure that allows us to test assumptions or beliefs about a population based on sample data. There are two main approaches to hypothesis testing:Traditional approach andThe p-value approach.In the traditional a...

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Dec 19, 2022
What is Hypothesis Testing?

Hypothesis testing is a statistical procedure that allows us to test assumptions or beliefs about a population based on sample data. It is a statistical procedure that is used to determine whether a hypothesis about a population parameter is supporte...

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Dec 19, 2022
What is a Normal Probability Plot?

A normal probability plot is a graphical representation of a data set used to assess whether the data follows a normal (bell-shaped) distribution. It is similar to a quantile-quantile plot (Q-Q Plot), which plots the quantiles of the data set against...

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Dec 19, 2022
Solve the Puzzle of Stem and Leaf Plots

Have you ever encountered a stem and leaf plot and wondered what it is and how to interpret it? If so, you're not alone. While stem and leaf plots may seem confusing initially, they are a simple and effective way to visualize data and understand its...

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Dec 18, 2022
Visualize Your Data with Box and Whisker Plots!

Data visualization is a crucial aspect of any data analysis or presentation. It allows us to quickly and easily understand patterns and trends in the data and make informed decisions based on this information. One helpful tool for visualizing data is...

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Dec 18, 2022
Calculating the Interquartile Range: A Quick Guide

The interquartile range (IQR) is a measure of the dispersion of a dataset. It is calculated as the difference between the 75th percentile (Q3) and the 25th percentile (Q1) of the data and is a way to identify the spread of the middle 50% of the data....

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Dec 18, 2022
Calculating the Range: A Quick Guide

The range is the difference between the largest and smallest values in a group of observations. To calculate the range, you need to find the dataset's smallest and largest values. Then subtract the smallest value from the largest value. In the case o...

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Dec 18, 2022