Month: May 2024

General Statistics

Coefficient of Variation | Definition and calculation

“Coefficient of Variation” (CV) is suitable for comparing the dispersion (Variation) of two groups of data collected with different measurement units. In this statistical index, the ratio of dispersion to a central criterion is measured. In fact, this index shows how much the standard deviation of the values ​​changes per unit of change in the […]

Loading

R langauage Statistics

Polynomial regression model | application and method

Regression methods model the relationship between independent and dependent variables. Linear regression models are widely used; however, they may not be suitable when the relationship between variables isn’t linear. Polynomial regression is an alternative that models the relationship of the dependent variable as a polynomial function of the independent variable. This post (from Armancomputer blog) […]

Loading

General Statistics

Measures of Dispersions | Concept and Formula

Descriptive statistics indices, such as Central Tendency indices or dispersion measures, are used to identify the statistical population. But using each one alone may not have a good result. Simultaneous attention to the criteria of concentration and dispersion helps the statistical population to be better known and its behavior can be compared and analyzed. they […]

Loading

Back To Top