Author Archives: Mayank Gupta
The Simpson’s paradox arises in many real-world contexts. It is mathematically very trivial but involves deep statistical meaning. In fact, there is a whole website dedicated to Simpson paradox. Simpson Paradox or the Yule-Simpson effect was first described by Edward Simpson in a technical paper in 1951 but Karl Pearson and Udny Yule had noticed…
The post Understanding Simpson’s Paradox And Its Impact On Data Analytics appeared first on Analytics India Magazine.
The American Statistical Association (ASA) gathered more than two dozen experts to develop a consensus on statistical significance and p-values and issued a statement on it in 2016. But what prompted the ASA for the very first time to issue such a statement which deals with the specific matters of statistical practice. The p-value is…
The post Beware Of Statistical Significance: What The P value Really Tells Us appeared first on Analytics India Magazine.