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27 Cards in this Set

  • Front
  • Back

It is a statistical calculation which describes the nature of the relationship between two variables

Correlation

Is an extension of correlation and is used to determine whether one variable is a predictor of another variable

Regression

It is used to determine whether the difference in means for two groups is statistically significant.

Analysis of variance (ANOVA)

3 types of ANOVA that doesn't use T-test.

1. One way ANOVA


2. Two way ANOVA


3. N-way ANOVA

It is a type of ANOVA that has just one independent variable? Two independent variables? More than two independent variables?


1. One way ANOVA


2. Two way ANOVA


3. N-way ANOVA


Analysis of one variable

Univariate analysis

Analysis of two variables (independent and dependent variables)

Bivariate analysis

Analysis of multiple relations between multiple variables

Multivariate analysis

It is used to find out if there is a relationship between two sets of values. It usually involves x and y or independent and dependent variables

Bivariate analysis

It is the statistical term to measure the extent of the change in the relationship of two random variables

Covariance

A graph in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present above.

Scatter plot

It is a measure of the strength and direction of the relationship between variables and likewise gives the extent of dependence between two variable. Meaning the affect of one variable on the other variable

Correlation coefficient

The strength and direction of the linear relationship of two variables and the association between interval and ordinal variables

Pearson products moment cirniation

It tests whether or not a relationship exists between or among variables and tells the probability that the relationship is caused by chance

Chi-square

Evaluates the probability that the mean of the sample reflects the mean of the population from where the sample was drawn it. It also tests the differences between the sample mean and the population mean

T-test

It is to measure the dependence of the dependent variable on the independent variable

Spearman's rho

Study of the effects of the independent variable.

One way ANOVA

Study of two or more dependent variables that are correlated with one another

ANCOVA (Analysis of Covariance)

Multiple analysis of one or more independent variables and one dependent variable to see if the independent variables affect another

MANCOVA (Multiple Analysis of Covariance)

This regression estimates are used to explain the relationship between one dependent variable and independent variable (one to one)

Linear

This extension of linear regression estimates relationship between 2 or more variables. Two or more independent variables are used to predict or explain two problems may arise (overfitting and multicollinearity) (many to one)

Multiple linear

It is used to describe data and to explain the relationship between one dependent binary variable and one or more nominal, ordinal, interval or ratio-level independent variables (dichotomous)

Logistic

It provides the best approximate of the relationship between the dependent and independent variable.



Used to find if there are higher-orders relationships between x and y, beyond the linear relationships

Polynomial

This form of regression is used when we deal with multiple independent variables.



In this technique, the selection of independent variables is done with the help of an automatic process.



Remove unwanted independent variables

Stepwise

It is a type of regression that is used when the data suffers from multicollinearity.

Ridge

It is is a type of regression that is capable of reducing the variability and improving the accuracy of linear regression models

Lasso

Hybrid of lasso and Ridge

Elastic