14 Sep 2023
StatisticsThe Best Excel Tools for Data Analysis
Question 1
Users of Excel tools can use inbuilt data manipulation functions to perform
mathematical operations like addition, subtraction, division, and
multiplication of large volumes of data arranged in cells...
14 Sep 2023
StatisticsANOVA Interpretation Exercise
One-way analysis of variance (ANOVA) is a useful research tool. ANOVA compares
the means of three or more unrelated variables (Kim, 2017). The null
hypothesis assumes that there is no significant statistical...
14 Sep 2023
StatisticsRegression Analysis: Definition, Types, and Examples
Question 1
The regression equation is y=10004.9665+0.4349service cost+178.0989cost
increase+141.4783payment.
Service cost | 30,000
|---
Cost increase | 70
Payment | 60
Predicted annual...
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14 Sep 2023
StatisticsWhat is Population Variance?
With a large and infinite population size we cannot evidently embark on
measuring every single member of the population dataset. For this very reason
we have to donate a small sample set from the entire population...
14 Sep 2023
StatisticsHow to Perform a Linear Regression for T-Tests
I chose the article, “Using linear regression for t tests and analysis of
variance”, by searching it through the Copley Library Resources. I
specifically searched for an article related to my line of work...
14 Sep 2023
StatisticsCorrelation and Causation: What's the Difference?
Correlation and causation may look deceptively similar. However, identifying
the differences between them can be a make or break in the business,
particularly wasting the effort of creating low-quality products...
14 Sep 2023
StatisticsPivot Tables and Multi-Attribute Decision Making
Sunshine Floor Barn, one of our top clients at Diligent Consulting Group has
just closed the books for the first three-quarters of the year (January
through September). As one of the most reputable firms in the...
14 Sep 2023
StatisticsThe Effects of Several Factors on Breast Cancer Patients' Survival Time
1.1 _Meaning of Survival Analysis in General _
Survival analysis is a critical division of statistics used primarily to
analyze the anticipated or project period for a pending activity or event to
occur, including...
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14 Sep 2023
StatisticsPros and Cons of the Monte Carlo Simulation
Introduction
Monte Carlo simulation involves a mathematical and computerized technique that
enables its users to elaborate and analyze variability accurately and
effectively in various processes to boost...
14 Sep 2023
StatisticsThe Adverse Health and Social Results of Energy Drinks
Teen parents and their children are at risk of heightened risks of adverse
short and long term health and social results. Studies by Asheer, Berger,
Meckstroth, Kisker, & Keating, 2014), indicate the need for...