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When to Use a Chi-Square Test (With Examples)

You should use the Chi-Square Goodness of Fit Test whenever you would like to know if some categorical variable follows some hypothesized distribution. Here are some examples of when you might use … See more

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Instrumental Variables: Definition & Examples

WEBStage 1: Fit a regression model using the instrumental variable as the predictor variable. In our specific example, we would first fit the following regression …

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A Guide to Using Post Hoc Tests with ANOVA

WEBStatology is a site that makes learning statistics easy by explaining topics in simple and straightforward ways. Our team of writers have over 40 years of experience …

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An Explanation of P-Values and Statistical Significance

WEBThe textbook definition of a p-value is: A p-value is the probability of observing a sample statistic that is at least as extreme as your sample statistic, given that the null …

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The Importance of Statistics in Healthcare (With Examples)

WEBThe field of statistics is concerned with collecting, analyzing, interpreting, and presenting data.. In the field of healthcare, statistics is important for the following …

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Real Life Examples: Using Mean, Median, & Mode

WEBExample 1: Mean, Median, & Mode in Healthcare. The mean, median, and mode are widely used by insurance analysts and actuaries in the healthcare industry. …

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Hypothesis Test vs. Confidence Interval: What’s the Difference

WEBHere’s the difference between the two: A hypothesis test is a formal statistical test that is used to determine if some hypothesis about a population parameter …

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The Importance of Statistics in Nursing (With Examples)

WEBThe field of statistics is concerned with collecting, analyzing, interpreting, and presenting data.. In the field of nursing, statistics is important for the following …

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4 Examples of Using ANOVA in Real Life

WEBANOVA is used in a wide variety of real-life situations, but the most common include: Retail: Store are often interested in understanding whether different types of …

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What is Prevalence in Statistics

WEBIn statistics, prevalence is the proportion of individuals in a population who have a specific characteristic at a certain time period. Researchers typically measure …

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What is Attributable Risk

WEBby Zach Bobbitt February 1, 2021. Attributable risk refers to the difference in incidence rates between people exposed to some risk factor vs. people not exposed to the risk factor. …

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6 Real-Life Examples of the Normal Distribution

WEB6 Real-Life Examples of the Normal Distribution. by Zach Bobbitt February 9, 2021. The normal distribution is the most commonly-used probability distribution in all of …

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Levels of Measurement: Nominal, Ordinal, Interval and Ratio

WEBInterval scale: A scale used to label variables that have a natural order and a quantifiable difference between values, but no “true zero” value. Some examples of …

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What is Incidence Rate Ratio

WEBIncidence rate ratio is a useful metric because it’s so easy to interpret and it allows us to immediately understand if exposure to something increases or decreases …

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How to Interpret Odds Ratios

WEBOdds = P (positive) / 1 – P (positive) = (42/90) / 1- (42/90) = (42/90) / (48/90) = 0.875. Thus, the odds ratio for experiencing a positive outcome under the new …

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8 Examples of How Statistics is Used in Real Life

WEBExample 1: Weather Forecasting. Statistics is used heavily in the field of weather forecasting. In particular, probability is used by weather forecasters to assess …

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10 Examples of Using Probability in Real Life

WEBExample 1: Weather Forecasting. Perhaps the most common real life example of using probability is weather forecasting. Probability is used by weather …

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Paired Samples t-test: Definition, Formula, and Example

WEBA paired samples t-test is used to compare the means of two samples when each observation in one sample can be paired with an observation in the other sample.. …

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4 Examples of Hypothesis Testing in Real Life

WEBExample 1: Biology. Hypothesis tests are often used in biology to determine whether some new treatment, fertilizer, pesticide, chemical, etc. causes increased …

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