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6 years ago in Data Analysis , Statistical Analysis By Riya N
Data analysis techniques
I want to conduct statistical data analysis. Which method should I opt for? My research field is marketing.
All Answers (4 Answers In All)
By Venu R Answered 6 years ago
Mean – This is useful in determining the overall trend of a data set. Using this method you can quickly calculate the data.
Standard deviation – is the measure of a spread of data around the mean.
Regression -.Regression models the relationships between dependent and explanatory variables and designates whether the relationships are weak or strong.
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By Ramesh B Answered 6 years ago
Null hypothesis: It is a statistical hypothesis that assumes the observation is the result of a chance factor.
Alternative hypothesis: It is contrary to the null hypothesis and shows that observations are the outcome of a real effect.
Power: It is known as the probability of accepting the null hypothesis.
One-tailed test: If the given statistical hypothesis is one value, it is called the one-tailed test.
Two-tailed test: If the hypothesis assumes a less than/greater than a value, it is called the two-tailed test.
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By Deeksha S Answered 6 years ago
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