statistics

Sign Test Hypothesis: Python Examples, Concepts

Have you ever wanted to make an informed decision, but all you have is a small amount of non-parametric data?…

10 months ago

Mann-Whitney U Test (Wilcoxon Rank Sum): Python Example

In the ever-evolving world of data science, extracting meaningful insights from diverse data sets is a fundamental task. However, a…

10 months ago

Types of Data Visualization: Charts, Plots Examples

In today's data-driven world, the ability to extract insights from vast amounts of information has become a critical skill for…

10 months ago

Kruskal Wallis H Test Formula, Python Example

Ever wondered how to find out if different groups of people have different preferences? Maybe you're a marketer trying to…

10 months ago

Clinical Trials & Statistics Use Cases: Examples

Are you a statistician, data scientist or business analyst working in the field of clinical trials? Do you find yourself…

10 months ago

Spearman Correlation Coefficient: Formula, Examples

Have you ever wondered how you might determine the relationship between two sets of data that aren't necessarily linear, or…

11 months ago

Binomial Distribution Explained with Examples

Have you ever wondered how to predict the number of successes in a series of independent trials? Or perhaps you've…

11 months ago

How to Choose Right Statistical Tests: Examples

Whether you are a researcher, data analyst, or data scientist, selecting the appropriate statistical test is crucial for accurate and…

12 months ago

One-way ANOVA test: Concepts, Formula & Examples

The one-way analysis of variance (ANOVA) test is a statistical procedure commonly used to compare the means values on a…

12 months ago

Neyman-Pearson Lemma: Hypothesis Test, Examples

Have you ever faced a crucial decision where you needed to rely on data to guide your choice? Whether it's…

12 months ago

Z-score or Z-statistics: Concepts, Formula & Examples

Z-score, also known as the standard score or Z-statistics, is a powerful statistical concept that plays a vital role in…

1 year ago

Descriptive Statistics – Key Concepts & Examples

Descriptive statistics is a branch of statistics that deals with the analysis of data. It is concerned with summarizing and…

1 year ago

Quiz #85: MSE vs R-Squared?

Regression models are an essential tool for data scientists and statisticians to understand the relationship between variables and make predictions…

1 year ago

Degree of Freedom in Statistics: Meaning & Examples

The degree of freedom (DOF) is a term that statisticians use to describe the degree of independence in statistical data.…

1 year ago

Positively Skewed Probability Distributions: Examples

Probability distributions are an essential concept in statistics and data analysis. They describe the likelihood of different outcomes or events…

1 year ago

Statistics Terminologies Cheat Sheet & Examples

Have you ever felt overwhelmed by all the statistics terminology out there? From sampling distribution to central limit theorem to…

1 year ago