Statistics

How to Calculate and Interpret Cramer's V in Python Cover Image

How to Calculate and Interpret Cramer’s V in Python

Cramer’s V is used to measure the strength of association between two nominal (or categorical) variables. It’s often used in conjunction with the chi-square test of independence, which is used to determine whether or not two variables are independent of one another. By the end of this tutorial, you’ll have learned the following: What is […]

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How to Perform T-Tests in Python (One- and Two-Sample) Cover Image

How to Perform T-Tests in Python (One- and Two-Sample)

In this post, you’ll learn how to perform t-tests in Python using the popular SciPy library. T-tests are used to test for statistical significance and can be hugely advantageous when working with smaller sample sizes. By the end of this tutorial, you’ll have learned the following: Understanding the T-Test The t-test, or often referred to

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How to Use Python to Calculate Confidence Intervals (3 Methods) Cover Image

How to Use Python to Calculate Confidence Intervals (3 Methods)

Understanding the certainty and reliability of your data is essential in drawing meaningful conclusions. Confidence intervals give you a powerful statistical tool, which helps you estimate the range in which a population parameter, such as the mean, lies. In this tutorial, you’ll learn three different methods to calculate confidence intervals in Python. By the end

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How to Perform Levene's Test of Equal Variance in Python Cover Image

How to Perform Levene’s Test of Equal Variance in Python

Levene’s test is an important statistical test used to assess the equality of variance between different samples. In this tutorial, you’ll learn how to understand and compute Levene’s test of equal variance in Python, using the important scipy package. Since many statistical tests work under the assumption that groups have equal variances, we can use

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How to Calculate R-Squared in Python (SkLearn and SciPy) Cover Image

How to Calculate R-Squared in Python (SkLearn and SciPy)

Welcome to our exploration of R-squared (R2), a powerful metric in statistics that assesses the goodness of fit in regression models. R2 represents the proportion of the variance in the dependent variable that is predictable from the independent variable(s). In this post, we’ll guide you through the essentials of R2 and demonstrate how to calculate

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Calculate the Coefficient of Variation in Python (SciPy, NumPy, Pandas) Cover Image

Calculate the Coefficient of Variation in Python (SciPy, NumPy, Pandas)

The coefficient of variation, or CV, allows you to measure how spread out values in a dataset are, relative to their mean. In this tutorial, you’ll learn how to interpret the coefficient of variation and how to calculate it in Python, including using SciPy, NumPy, and Pandas. Understanding the Coefficient of Variation The coefficient of

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