Type I and type II errors

Page 2 of 50 - About 500 essays
  • Why Statistics Are Part Of Everyday Life

    1248 Words  | 5 Pages

    of our day. Business and medical professionals, sociologists and scientists alike all utilize statistics in order to determine probabilities of outcomes. The purpose of this paper is to discuss what I have learned about statistics in during this class covered during the last five weeks. The topics I will cover inform the class are descriptive statistics, inferential statistics, hypothesis development and testing, selection of appropriate statistical tests and evaluating statistical results. The

  • The Conceptual Rationale Was Appropriate For The Study Essay

    1476 Words  | 6 Pages

    Given the statement of the problem, the conceptual rationale was appropriate for the study. Method Researchers use particular methodologies to guide the study, collect samples, determine a study population, and describe interventions. The method of a research study should include protection of participants’ rights, research design, population and sample, data collection and measurement, and procedures. Researchers should state how they protect human subjects’ rights when they collect data. Research

  • Exercise 40 Chi Squared Essay

    1298 Words  | 6 Pages

    (2000). What Alpha Level? In I. Price, Inferential Statistics (p. Chapter 5). New England: University of New England. University of Texas-Houston Health Science Center . (2013). Hypothesis Testing . Retrieved March 21, 2013, from Biostatistics for the Clinician : http://www.uth.tmc

  • Statistics for Bi - Hypothesis Testing

    1672 Words  | 7 Pages

    Statistics for Business Intelligence – Hypothesis Testing Index: 1. What is Hypothesis testing in Business Intelligence terms? 2. Define - “Statistical Hypothesis Testing” – “Inferences in Business” – and “Predictive Analysis” 3. Importance of Hypothesis Testing in Business with Examples 4. Statistical Methods to perform Hypothesis Testing in Business Intelligence 5. Identify Statistical variables required to compute Hypothesis testing. a. Correlate computing those

  • The Three Levels Of Analytics, Descriptive, Predictive, And Prescriptive

    1707 Words  | 7 Pages

    1. Describe each of the three levels of Analytics (Descriptive, Predictive, and Prescriptive). Give a brief example of how they might be used to solve business decisions. Descriptive: Descriptive Analytics, probably the most common type of analytics, is the process of describing and evaluating the historical data and recognizing patterns from samples. It serves as a foundation for more advanced analytics. An example of Descriptive Analytics would be discovering and reporting trends. Predictive:

  • Essay on Psych 610 week 7 homewrok exercise

    1352 Words  | 6 Pages

    Week Seven Homework Exercise Answer the following questions, covering material from Ch. 13 of Methods in Behavioral Research Define inferential statistics and how researchers use inferential statistics to draw conclusions from sample data. According to Cozby (2009) inferential statistics are used to determine whether we can in fact make statements that the results reflect what would happen if we were to conduct the experiment again and again with multiple samples Define probability and discuss how

  • Statistics And Its Impact On The Quality Of Data

    1017 Words  | 5 Pages

    Statistics is defined as a branch of mathematics used to analyze, explain summarize as well as interpret what we observe- in order to make sense or meaning of our observations. Every day in life we encounter information that originates from diverse forms and ways. This means that to make this information to have sense, there is the need to use statistics. However, due to its focus and empirical on applications, statistics is classically considered a distinctive mathematical science rather than a

  • Clothing Impact on Social Interactions Essay

    1243 Words  | 5 Pages

    Does Clothing Have an Impact on Social Interactions: An Observational Study in the Classroom      There are many reasons why we choose to wear a particular article or style of clothing. Many of us consider our choice in clothing as an extension of our identity. While many others pick items from their wardrobe that reflect their current mood. There are also many times when we choose to dress a certain way in anticipation of being in a particular social setting. Even people

  • The Fundamental Concepts Of Statistics

    1309 Words  | 6 Pages

    Whereas, if I fail to reject the null, because I believe the groups are the same when, in fact, they are different this is a type 2 error. In its simplest terms, Type I error is the incorrect rejection of the null hypothesis, whereas Type II is the incorrect acceptance of the null hypothesis. Related to hypothesis testing is the Significance level or cut off point (alpha). The

  • Essay about July at the Multiplex

    3330 Words  | 14 Pages

    DATE: June 12, 2012 TO: Mr. Plex, Owner, Royal 16 Theater FROM: Team 8 RE: Analysis of Liability for Fraud Based off of your request, we have completed an analysis concerning Royal 16 Theater’s liability for fraud assumed by the customer, Tommy. Please contact us if any additional information is needed. July at the Multiplex Executive Summary What are the standards of selling a service or product so the customer will not get furious? If we tried out best but they are still unsatisfied, what