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Section 03 Data Handling and Statistics(powerpoint)
Section 03 Data Handling and Statistics(powerpoint)

Review of basic statistics and the mean model for
Review of basic statistics and the mean model for

... Loosely speaking, there is an x% probability that your future data will fall in your x% confidence interval for the forecast—but only if your model and its underlying assumptions are correct and the sample size is reasonably large. This is why we test model assumptions and why we should be cautious ...
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... The sum of squared deviations from the mean is calculated for each sample separately and then pooled, that is, added, and the average squared deviation across both samples is calculated by dividing by the combined degrees of freedom. The Pooled Standard Deviation is the square root of this. Why are ...
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... The results of the paired analysis are shown below. The graphic shows the paired differences plotted versus the average response. The horizontal black line shows the mean under the null hypothesis (i.e. 0) and the horizontal bold red line shows the sample mean paired difference. The horizontal dashe ...
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... The  normal  distribution  is  defined  by  having  a  single  central  tendency,  in  which  the  mean,  median   and  mode  are  equal.    This  distribution  is  also  symmetrical,  in  that  the  right  and  left  sides  are  mi ...
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P201 Lecture Notes13 One Population t

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Module 7 - Wharton Statistics

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... One Sample t-test data: x t = 1.3383, df = 5, p-value = 0.1192 alternative hypothesis: true mean is greater than 70 95 percent confidence interval: ...
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Sampling Distributions

... in your sample. You do, however, have control over your sample size. So if you want to have confidence in the estimate from your one sample, generate a large sample! Notice that the sampling distribution of the means is more normally distributed than the distribution of scores in the population (to ...
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Confidence interval

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