Useful tips for everyday
How do you interpret the p value K-S? The p-value returned by the k-s test has the same interpretation as other p-values. You reject the…
What is time series data prediction? Time series forecasting is the process of analyzing time series data using statistics and modeling to make predictions and…
What are the advantages of using dynlm instead of LM? The interface and internals of dynlm are very similar to lm , but currently dynlm…
Can dependent variables be correlated in MANOVA? “The dependent variables are correlated which is appropriate for Manova” (United States EPA Stats Primer) “The dependent variables…
How do you analyze data statistically? 5 Most Important Methods For Statistical Data Analysis Mean. The arithmetic mean, more commonly known as “the average,” is…
What is in sample and out of sample error? In Sample Error: The error rate you get on the same data set you used to…
What is another name for panel data? Panel data, sometimes referred to as longitudinal data, is data that contains observations about different cross sections across…
What does it mean when a two-way ANOVA shows a significant main effect? If the main effect of a factor is significant, the difference between…
Why does MCMC converge very slowly when not well chosen? • Standard MCMC converges extremely slowly if the proposal distribution is not well chosen –It’s…
What is selection with replacement? Sampling is called with replacement when a unit selected at random from the population is returned to the population and…