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19/04/2023 Others Time to read: 6min

Akaike Information Criterion – Use & Examples

The Akaike Information Criterion (AIC) is a widely used ingenious tool in statistics. By having several models and comparing them to AIC scores, you...
29/03/2023 Others Time to read: 6min

Standard Error – How To Calculate And Report It

In statistics, the standard error is used to demonstrate the potential difference between the average within a population compared to the average of a...
12/02/2023 Others Time to read: 5min

Parameter vs. Statistic – What Is The Difference?

In the sphere of statistics, understanding the distinction between a parameter vs. statistic is an imperative factor. A parameter is a numerical value that...
09/02/2023 Others Time to read: 5min

Coefficient of Determination (R²) — Definition & Interpretation

The coefficient of determination (R²) is a statistical measure that shows the proportion of variation in a dependent variable explained by an independent variable....
31/01/2023 Others Time to read: 6min

Statistical Significance – Everything You Need To Know

In mathematical and scientific studies, statistical significance serves as a tool to help researchers assess whether the outcome of a study is a result...
15/01/2023 Others Time to read: 5min

Confidence Interval – Formula & Examples

In the realm of statistical analysis and empirical research, the notion of uncertainty pervades, prompting the need for a robust method to quantify and...
29/12/2022 Others Time to read: 5min

The Correlation Coefficient – Meaning & Calculations

The correlation coefficient is a statistical measure that quantifies the degree to which two variables are related to each other. It is a key...
28/12/2022 Others Time to read: 4min

Statistical Range Of Data – Tutorial With Example

Researchers often interact with diverse data sets during their research work. In statistics, the statistical range of data is fundamental to establish the difference...
01/12/2022 Others Time to read: 5min

Statistical Power – An Easy Introduction with Examples

Statistical power, a critical concept in statistical analysis, refers to the likelihood that a study will detect an effect when there is an effect...
30/11/2022 Others Time to read: 5min

Pearson Correlation Coefficient – Guide & Examples

The best and most common method for measuring a linear correlation is calculating the Pearson correlation coefficient. This approach in statistics provides a significant...

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