Using Statistics Software and Graphs to Quickly Explore Relationships Between Variables
Using Statistics Software and Graphs to Quickly Explore Relationships Between Variables
Power and Sample Size – Your Insurance Policy for Statistical Analysis (Insights America 2019)
When we do statistical analyses, like hypothesis testing and design of experiments, we are using a sample of data to answer questions about all of our data. The reliability of these answers is affected by the size of the sample we analyze. To minimize the risk of doing unreliable statistical analysis we can use the Power and Sample size before collecting any data to determine how much data is needed to have a good chance of finding that effect, if it exists. The minimum recommended value for this is 80%.
Looking to Learn the Basics of a SWOT Analysis? Start Here!
Have you ever tried to analyze your work or projects to identify areas of unique value? Or are you looking for ways to improve your business? A SWOT analys
You Use Minitab. Your New Job Doesn't (YET). What Do You Do? (Insights America 2019)
Rafael's previous employers used Minitab, giving him ample opportunity to figure out how to define experiments and variables to optimize detergent formulas most effectively. But Rafael's new employers didn't use Minitab. His boss challenged him to prove results before considering the investment.