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Tag: statistics

Multiple Linear Regression

Understanding the Difference Between R-squared and Adjusted R-squared in OLS Linear Regression Output

By Kanda Data / Date Jan 21.2024

R-squared (R²) and Adjusted R-squared (R² adjusted) are key metrics frequently used to assess the effectiveness of a linear regression model. The R-squared value provides information about the proportion of variability in the dependent variable explained by the independent variable in the linear regression equation.

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Statistics

Data That Cannot Be Transformed Using Natural Logarithm (Ln)

By Kanda Data / Date Jan 13.2024

In quantitative data analysis, data transformation is not a new concept. It is a process of converting the original form of data into another form to improve the data and meet the assumptions required for quantitative data analysis.

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Statistics

Differences Between Paired Sample T-Test, Independent Sample T-Test, and One-Way ANOVA

By Kanda Data / Date Jan 08.2024

Differential testing is aimed at determining the mean differences in the tested sample groups. In practice, paired sample t-test, independent sample t-test, and one-way ANOVA are often used to test means in more than one sample group.

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Data Analysis in R

Testing and Interpreting Homoscedasticity in Simple Linear Regression with R Studio

By Kanda Data / Date Dec 16.2023

Homoscedasticity is a crucial assumption in ordinary least square (OLS) linear regression analysis. This assumption refers to the consistent variability of regression residuals across all predictor values. Homoscedasticity assumes that the spread of residual regression errors remains relatively constant along the regression line.

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Excel Tutorial for Statistics

Descriptive Statistics Analysis in Excel: A Step-by-Step Guide for Researcher

By Kanda Data / Date Nov 15.2023

Descriptive statistics analysis is a crucial step in research, aimed at summarizing and illustrating fundamental information from a dataset. Through descriptive statistics, we can present data in a more informative and easily understandable format.

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Multiple Linear Regression

Choosing the Right Variables in Linear Regression using the OLS Method

By Kanda Data / Date Oct 25.2023

Linear regression analysis is frequently employed by researchers to investigate the impact of independent variables on dependent variables. The Ordinary Least Squares (OLS) method is a popular choice among scholars for estimating parameters in linear regression models. The OLS technique aims to minimize the squared differences between observed and predicted values.

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Nonparametric Statistics

Binary Logistic Regression Analysis in Research | Basic Theory

By Kanda Data / Date Oct 14.2023

Regression analysis has become a staple tool among researchers. Indeed, regression analysis serves as a familiar associative test, aiming to discern the impact of one variable on another.

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Econometrics

Can Data Transformation Be Done More Than Once?

By Kanda Data / Date Oct 11.2023

For those of us accustomed to conducting research, understanding how to analyze data is a crucial skill to master. In the process, when we are processing data, we are sometimes faced with the choice of data transformation.

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