Page 13 - Quantitative Data Analysis
P. 13
Percentile 16
Quartile 16
Inter-quartile Range 18
5-number Summary 21
Outliers 22
Standard Deviation 23
Unit Exercises 26
Unit # 3 - Statistical Inference & Hypothesis 28
Testing
Hypotheses 28
Purpose of the Hypothesis 29
Characteristics of a Usable Hypothesis 30
Types of Hypotheses 30
Null Hypothesis 30
Alternative Hypothesis 31
One-tailed vs Two-tailed Hypotheses 32
Hypothesis Examples 33
Level of Significance 35
p Value 35
Critical Values 36
Conclusion 37
Potential Statistical Errors 38
Type I Errors 39
Type II Errors 39
Type I and Type II Error Examples 40
Effect Sizes 41
Simple Test Statistics 42
One Sample Z-Test 42