If the P value is less than 5%, reject the null hypothesis; if the P value is .05 or more, don't reject the null hypothesis. Statistics textbooks -- and statisticians for that matter -- focus almost ...
At times we wish to examine statistical evidence, and determine whether it supports or contradicts a claim that has been made (or that we might wish to make) concerning the entire population. This is ...
In the early 20 th century, Guinness breweries in Dublin had a policy of hiring the best graduates from Oxford and Cambridge to improve their industrial processes. At the time, it was considered a ...
The first thing any scientist does before performing an experiment is to form a hypothesis about the experiment's outcome. This often takes the form of a null hypothesis, which is a statistical ...
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How to Validate Your Data With Statistical Tests in Python
Statistical testing in Python offers a way to make sure your data is meaningful. It only takes a second to validate your data ...
The problem of testing a point null hypothesis (or a "small interval" null hypothesis) is considered. Of interest is the relationship between the P value (or observed significance level) and ...
Those who have been in my classes know that I often bring in knowledge from other disciplines to add to our understanding of the process of entrepreneurship. In any given day I might bring in concepts ...
Objection: Natural variability is the null hypothesis; there must be compelling evidence of an anthropogenic CO2 warming effect before we take it seriously. Answer: The null hypothesis is a ...
Researchers from Northwestern University, University of Pennsylvania, and University of Colorado published a new Journal of Marketing study that proposes abandoning null hypothesis significance ...
Statistics is to science as steroids are to baseball. Addictive poison. But at least baseball has attempted to remedy the problem. Science remains mostly in denial. True, not all uses of statistics in ...
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