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In statistics, one always tries to verify the results. One of the most well-known ways of doing this by using statistical significance testing methods. It is a truth universally acknowledged that the result has statistical significance only if it does not occur given the null hypothesis. To put it more formally, α is the probability…
The post 4 Most Important Significance Tests You Need To Know In Statistics And Data Science appeared first on Analytics India Magazine.
In statistics, one always tries to verify the results. One of the most well-known ways of doing this by using statistical significance testing methods. It is a truth universally acknowledged that the result has statistical significance only if it does not occur given the null hypothesis. To put it more formally, α is the probability…
The post 4 Most Important Significance Tests You Need To Know In Statistics And Data Science appeared first on Analytics India Magazine.