Residual and predicted Y have an important role in linear regression analysis using the Ordinary Least Square (OLS) method. Several OLS linear regression method assumptions were conducted to test the residuals, including normally distributed residuals and constant residual variance.
Types of data measurement scales are fundamental to understand well for researchers. Types of data measurement scales in statistics consist of nominal, ordinal, interval, and ratio scales. This article will discuss the different types of data measurement scales.
When you are completing your final project as a student, you will usually find descriptive statistical analysis results in one of the chapters. It can be seen in a separate sub-chapter or part of one of the chapters written in the thesis. For example, sub-chapters have used descriptive statistical analysis in economics and agribusiness research. …
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Do you still remember the term hypothesis? The hypothesis is a temporary conclusion from the research results that will conduct. You can also state that the hypothesis is a preliminary answer from the research results based on our presumptions. In this article, I will discuss the Hypothesis Test for Regression and Correlation Analysis on this …
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The ability to understand statistical analysis is increasingly important for us. Researchers, practitioners, and students often use statistical analysis to process research results. In economics, agribusiness, and social sciences, we often observe the relationship of variables associated with each other.
