Parametric and non-parametric stats tests, statistics, Basic Statistics

Assignment Help:
What is the difference between parametric and non-parametric stats tests?
Different kinds or levels of data need to be analysed using different kinds of stats tests. The basic distinction between using a parametric or non-parametric test is between simple data:
Nominal – this means “named” data such as male/female, adult/juvenile, or tallies/counts of data such as the number of students taking maths at a college.
Ordinal – this means that your data is ordered in some simple way such as sea lions being classified as small, medium and large;
and complex data:
Interval – this is the same as ordinal data except that we know, for example, the actual length of small, medium and large sea-lions.
Ratio – this is the same as interval data except that it must make sense to have zero of the variable being measured. For example it is quite possible to get zero out of 20 in a math test but you cannot have zero personality, or zero height.

You also need to consider the distribution of your data before deciding upon a stats test. To use a parametric test data need to be normally distributed (form a bell shaped curve when plotted) – you can get your stats software programme to plot data for you, and check that the “skew” and “kurtosis” equal 1. If the data are not normally distributed and the skew and kurtosis do not equal 1 then you need to use a non-parametric test.

Related Discussions:- Parametric and non-parametric stats tests, statistics

Employee portion of medicare tax, Employee portion of Medicare tax Medi...

Employee portion of Medicare tax Medical health insurance tax is also taken out from a worker's wage or income and is equaled by participation from the company. In other terms,

Cost of preference sharea, A company wishes to issue new preference shares;...

A company wishes to issue new preference shares; the company will incur flotation cost of 2% per share. the market value of this shares is $90 per share & a nominal value of $100 p

50p3, How do I calculate 50p3?

How do I calculate 50p3?

Covariance , how can write co variance using summation notation

how can write co variance using summation notation

Home Assignments, A survey was conducted among the residents of Pune City, ...

A survey was conducted among the residents of Pune City, its suburbs and the Pune Cantonment area. The following three pie diagrams show their respective preferences for living in

Compute the value of beta - simple linear regression , Simple Linear Regres...

Simple Linear Regression One measure of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over

Buildings solutions, Buildings solutions Permanent arrangements owned or ...

Buildings solutions Permanent arrangements owned or held by the state. The cost of buildings includes both acquisition costs (historical cost, ancillary costs, and, for proprieta

The value of its common stock, The Washington Corp stock has a β of 1.15 an...

The Washington Corp stock has a β of 1.15 and it will pay a dividend of $2.50 next year. The expected rate of return of the market is 17% and the current riskless rate is 9%. The e

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd