Useful tips for everyday
What is a plausible probability? Something is plausible it it’s acceptable (loosely: if it deserves applause). That is to say if its probability is reasonable.…
What if the sample size is too large? Very large sample sizes can lead to bias magnification, in a study where the study bias would…
What happens when the regularization parameter is too large? If your lambda value is too high, your model will be simple, but you run the…
How do you create a residual plot? How to create a dynamic residual plot in Tableau Step 1: Always examine your scatterplot first, observing form,…
What is the characteristics of normal distribution? Characteristics of Normal Distribution Normal distributions are symmetric, unimodal, and asymptotic, and the mean, median, and mode are…
What is the relationship between posterior probability and prior probability? Posterior probability is the probability an event will happen after all evidence or background information…
How do you test the hypothesis of 0.05 level of significance? To graph a significance level of 0.05, we need to shade the 5% of…
How do you interpret a standardized variable coefficient? A standardized beta coefficient compares the strength of the effect of each individual independent variable to the…
What is the nonparametric alternative to a 1 sample t-test for means? one-sample Wilcoxon signed rank test The one-sample Wilcoxon signed rank test is a…
How do you check linearity assumption in logistic regression SPSS? To fully check the assumptions of the regression using a normal P-P plot, a scatterplot…