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Econometrics

Natural Logarithm Transformation in Cobb-Douglas Regression

By Kanda Data / Date Sep 04.2023

The Cobb-Douglas production function is often referred to as an exponential production function. Researchers have widely used this Cobb-Douglas production function to empirically analyze various phenomena in production functions.

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Correlation Test

How to Analyze Correlation of Variables Measured Using Likert Scale

By Kanda Data / Date Sep 01.2023

Correlation analysis is the chosen method when conducting research to understand the relationship between variables. Correlation analysis in statistics can take the form of partial correlation analysis and multiple correlation analysis.

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Comparison Test

How to Distinguish Between Paired Sample T-Test and Independent Sample T-Test

By Kanda Data / Date Aug 28.2023

The t-test is one of the associative tests researchers frequently use to examine the difference in mean values between variables. This test is applicable only when dealing with two groups of samples. If the tested variables differ among more than two sample groups, then the t-test cannot be utilized.

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Statistics

Hypothesis Testing: Unveiling Insights in Multiple Linear Regression Analysis

By Kanda Data / Date Aug 26.2023

In inferential statistics, we need to formulate research hypotheses. These research hypotheses are formulated according to the research objectives. Furthermore, statistical hypotheses need to be established in the analysis method, consisting of null and alternative hypotheses.

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Assumptions of Linear Regression

Comparing Logistic Regression and Ordinary Least Squares Linear Regression: Key Differences Explained

By Kanda Data / Date Aug 12.2023

The analysis of Ordinary Least Squares (OLS) linear regression is most commonly used to estimate the influence of independent variables on a dependent variable. In OLS linear regression analysis, several assumptions must be fulfilled to obtain the best linear unbiased estimator.

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Research Methodology

The Difference Between Simple Random Sampling and Stratified Random Sampling in Survey Research

By Kanda Data / Date Aug 09.2023

Sampling techniques are crucial skills for researchers to master. In research, samples can be drawn from a population, but the selected samples must accurately represent the observed population. Therefore, proper sampling techniques must be applied per scientific principles.

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Statistics

How to Create Statistical Hypotheses in Linear Regression, Correlation Analysis, and T-test

By Kanda Data / Date Aug 06.2023

Formulating hypotheses is a crucial step in any research activity. Researchers need to conduct a series of scientifically-based research activities to test these research hypotheses. This series of scientific activities include formulating a research proposal, presenting the proposal in a research proposal seminar to gather feedback, data collection, data analysis, and hypothesis testing to draw research conclusions.

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Correlation Test

How to Interpret the Output of Correlation Analysis | Hypothesis Testing, Sign, Size, and Direction

By Kanda Data / Date Aug 03.2023

Correlation analysis is an associative test commonly used by many researchers to understand the relationship between variables. Before discussing how to interpret the results of correlation analysis, it is essential to understand the basic theory of correlation analysis.

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Categories

  • Article Publication
  • Assumptions of Linear Regression
  • Comparison Test
  • Correlation Test
  • Data Analysis in R
  • Econometrics
  • Excel Tutorial for Statistics
  • Multiple Linear Regression
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  • Profit Analysis
  • Regression Tutorial using Excel
  • Research Methodology
  • Simple Linear Regression
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  • Alternative to the t-test When Data Are Not Normally Distributed
  • When Should Natural Logarithmic Data Transformation Be Applied?
  • Should Data Normality Testing Always Be Performed in Statistical Analysis?
  • Differences in Nominal, Ordinal, Interval, and Ratio Data Measurement Scales for Research
  • Reasons Why the R-Squared Value in Time Series Data Is Higher Than in Cross-Section Data
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