Weekend batch
Avijeet is a Senior Research Analyst at Simplilearn. Passionate about Data Analytics, Machine Learning, and Deep Learning, Avijeet is also interested in politics, cricket, and football.
Free eBook: Top Programming Languages For A Data Scientist
Normality Test in Minitab: Minitab with Statistics
Machine Learning Career Guide: A Playbook to Becoming a Machine Learning Engineer
Statistical analysis uses various statistical methods to summarize, analyze, and interpret data. It involves applying statistical techniques and tools to understand patterns, relationships, and data trends and draw meaningful conclusions from them. In this article, we will apply various statistical methods, such as the measure of central tendency, the measure of dispersion, and hypothesis testing, to derive insights.
In this project, we will use the student performance dataset containing the details of students' performance. You can download the dataset from here . It consists of details of 1000 students, such as gender, parents' education, race/ethnicity, math scores, reading and writing scores, etc. We will perform statistical analysis on this data to identify underlying patterns and derive insights.
How are we going to build this.
We will be using below libraries, tools, and modules in this project -
The description for the features present in this dataset is -
Import libraries and loading dataset.
Let’s start the project by importing all necessary libraries for statistical analysis and loading the dataset.
Let’s summarize our findings and insights from the statistical analysis of the student performance dataset below -
Harvard Business School Online's Business Insights Blog provides the career insights you need to achieve your goals and gain confidence in your business skills.
Becoming a more data-driven decision-maker can bring several benefits to your organization, enabling you to identify new opportunities to pursue and threats to abate. Rather than allowing subjective thinking to guide your business strategy, backing your decisions with data can empower your company to become more innovative and, ultimately, profitable.
If you’re new to data-driven decision-making, you might be wondering how data translates into business strategy. The answer lies in generating a hypothesis and verifying or rejecting it based on what various forms of data tell you.
Below is a look at hypothesis testing and the role it plays in helping businesses become more data-driven.
Access your free e-book today.
To understand what hypothesis testing is, it’s important first to understand what a hypothesis is.
A hypothesis or hypothesis statement seeks to explain why something has happened, or what might happen, under certain conditions. It can also be used to understand how different variables relate to each other. Hypotheses are often written as if-then statements; for example, “If this happens, then this will happen.”
Hypothesis testing , then, is a statistical means of testing an assumption stated in a hypothesis. While the specific methodology leveraged depends on the nature of the hypothesis and data available, hypothesis testing typically uses sample data to extrapolate insights about a larger population.
When it comes to data-driven decision-making, there’s a certain amount of risk that can mislead a professional. This could be due to flawed thinking or observations, incomplete or inaccurate data , or the presence of unknown variables. The danger in this is that, if major strategic decisions are made based on flawed insights, it can lead to wasted resources, missed opportunities, and catastrophic outcomes.
The real value of hypothesis testing in business is that it allows professionals to test their theories and assumptions before putting them into action. This essentially allows an organization to verify its analysis is correct before committing resources to implement a broader strategy.
As one example, consider a company that wishes to launch a new marketing campaign to revitalize sales during a slow period. Doing so could be an incredibly expensive endeavor, depending on the campaign’s size and complexity. The company, therefore, may wish to test the campaign on a smaller scale to understand how it will perform.
In this example, the hypothesis that’s being tested would fall along the lines of: “If the company launches a new marketing campaign, then it will translate into an increase in sales.” It may even be possible to quantify how much of a lift in sales the company expects to see from the effort. Pending the results of the pilot campaign, the business would then know whether it makes sense to roll it out more broadly.
Related: 9 Fundamental Data Science Skills for Business Professionals
1. alternative hypothesis and null hypothesis.
In hypothesis testing, the hypothesis that’s being tested is known as the alternative hypothesis . Often, it’s expressed as a correlation or statistical relationship between variables. The null hypothesis , on the other hand, is a statement that’s meant to show there’s no statistical relationship between the variables being tested. It’s typically the exact opposite of whatever is stated in the alternative hypothesis.
For example, consider a company’s leadership team that historically and reliably sees $12 million in monthly revenue. They want to understand if reducing the price of their services will attract more customers and, in turn, increase revenue.
In this case, the alternative hypothesis may take the form of a statement such as: “If we reduce the price of our flagship service by five percent, then we’ll see an increase in sales and realize revenues greater than $12 million in the next month.”
The null hypothesis, on the other hand, would indicate that revenues wouldn’t increase from the base of $12 million, or might even decrease.
Check out the video below about the difference between an alternative and a null hypothesis, and subscribe to our YouTube channel for more explainer content.
Statistically speaking, if you were to run the same scenario 100 times, you’d likely receive somewhat different results each time. If you were to plot these results in a distribution plot, you’d see the most likely outcome is at the tallest point in the graph, with less likely outcomes falling to the right and left of that point.
With this in mind, imagine you’ve completed your hypothesis test and have your results, which indicate there may be a correlation between the variables you were testing. To understand your results' significance, you’ll need to identify a p-value for the test, which helps note how confident you are in the test results.
In statistics, the p-value depicts the probability that, assuming the null hypothesis is correct, you might still observe results that are at least as extreme as the results of your hypothesis test. The smaller the p-value, the more likely the alternative hypothesis is correct, and the greater the significance of your results.
When it’s time to test your hypothesis, it’s important to leverage the correct testing method. The two most common hypothesis testing methods are one-sided and two-sided tests , or one-tailed and two-tailed tests, respectively.
Typically, you’d leverage a one-sided test when you have a strong conviction about the direction of change you expect to see due to your hypothesis test. You’d leverage a two-sided test when you’re less confident in the direction of change.
To perform hypothesis testing in the first place, you need to collect a sample of data to be analyzed. Depending on the question you’re seeking to answer or investigate, you might collect samples through surveys, observational studies, or experiments.
A survey involves asking a series of questions to a random population sample and recording self-reported responses.
Observational studies involve a researcher observing a sample population and collecting data as it occurs naturally, without intervention.
Finally, an experiment involves dividing a sample into multiple groups, one of which acts as the control group. For each non-control group, the variable being studied is manipulated to determine how the data collected differs from that of the control group.
Hypothesis testing is a complex process involving different moving pieces that can allow an organization to effectively leverage its data and inform strategic decisions.
If you’re interested in better understanding hypothesis testing and the role it can play within your organization, one option is to complete a course that focuses on the process. Doing so can lay the statistical and analytical foundation you need to succeed.
Do you want to learn more about hypothesis testing? Explore Business Analytics —one of our online business essentials courses —and download our Beginner’s Guide to Data & Analytics .
Hypothesis testing is a fundamental aspect of statistics, crucial for drawing meaningful conclusions from data. Whether you’re a student tackling your statistics homework or a researcher analyzing experimental results, understanding the process of hypothesis testing can significantly enhance your analytical skills. This guide will provide you with effective strategies for conducting hypothesis tests, ensuring you approach your statistical problems with confidence and precision.
Before diving into strategies, let's briefly recap what hypothesis testing involves. Hypothesis testing is a statistical method used to make inferences about a population parameter based on a sample. The process typically involves the following steps:
The first step in hypothesis testing is to clearly define your null and alternative hypotheses. The null hypothesis ((H_0)) typically represents the status quo or a statement of no effect, while the alternative hypothesis ((H_a)) represents the effect or difference you aim to detect. For instance, if you are testing whether a new drug is more effective than the existing one, (H_0) could be "the new drug has no effect" and (H_a) could be "the new drug is more effective."
Selecting the appropriate statistical test is crucial. The choice depends on several factors, including the type of data, sample size, and whether the population variance is known. Common tests include:
A proper sample size is essential for the reliability of your hypothesis test. Too small a sample size may lead to inconclusive results, while too large a sample size may make even trivial differences appear significant. Use power analysis to determine the appropriate sample size for your study, ensuring that it is neither too small nor unnecessarily large.
Every statistical test comes with its assumptions. For instance, the t-test assumes that the data are normally distributed and that the samples have equal variances. Always check these assumptions before proceeding with the test. If the assumptions are violated, consider using a different test or transforming your data.
Interpreting the results of a hypothesis test goes beyond just looking at the p-value. Consider the practical significance of your findings. A statistically significant result does not always imply a practically important effect. Additionally, consider the confidence interval, which provides a range of values within which the true population parameter is likely to lie.
Be aware of common pitfalls in hypothesis testing:
Let’s consider a practical example to illustrate these strategies. Suppose we want to test whether a new teaching method improves student performance compared to the traditional method.
(H_0): The new teaching method has no effect on student performance.
(H_a): The new teaching method improves student performance.
Hypothesis testing is a powerful tool for making inferences about populations based on sample data. By clearly defining hypotheses, choosing the right test, ensuring proper sample size, checking assumptions, interpreting results in context, and avoiding common pitfalls, you can effectively conduct hypothesis tests and draw meaningful conclusions from your statistical analyses. Whether you’re working on homework assignments or conducting research, these strategies will enhance your ability to perform accurate and reliable hypothesis tests.
Effective strategies for conducting hypothesis tests submit your homework, attached files.
File | Actions |
---|
Grab your spot at the free arXiv Accessibility Forum
Help | Advanced Search
Title: can expected error costs justify testing a hypothesis at multiple alpha levels rather than searching for an elusive optimal alpha.
Abstract: Simultaneous testing of one hypothesis at multiple alpha levels can be performed within a conventional Neyman-Pearson framework. This is achieved by treating the hypothesis as a family of hypotheses, each member of which explicitly concerns test level as well as effect size. Such testing encourages researchers to think about error rates and strength of evidence in both the statistical design and reporting stages of a study. Here, we show that these multi-alpha level tests can deliver acceptable expected total error costs. We first present formulas for expected error costs from single alpha and multiple alpha level tests, given prior probabilities of effect sizes that have either dichotomous or continuous distributions. Error costs are tied to decisions, with different decisions assumed for each of the potential outcomes in the multi-alpha level case. Expected total costs for tests at single and multiple alpha levels are then compared with optimal costs. This comparison highlights how sensitive optimization is to estimated error costs and to assumptions about prevalence. Testing at multiple default thresholds removes the need to formally identify decisions, or to model costs and prevalence as required in optimization approaches. Although total expected error costs with this approach will not be optimal, our results suggest they may be lower, on average, than when so-called optimal test levels are based on mis-specified models.
Comments: | Accepted by PLoS ONE 24 May 2024. 21 pages + 4 Supplements |
Subjects: | Applications (stat.AP) |
Cite as: | [stat.AP] |
(or [stat.AP] for this version) | |
Focus to learn more arXiv-issued DOI via DataCite |
Access paper:.
Code, data and media associated with this article, recommenders and search tools.
arXivLabs is a framework that allows collaborators to develop and share new arXiv features directly on our website.
Both individuals and organizations that work with arXivLabs have embraced and accepted our values of openness, community, excellence, and user data privacy. arXiv is committed to these values and only works with partners that adhere to them.
Have an idea for a project that will add value for arXiv's community? Learn more about arXivLabs .
COMMENTS
Statistics Project Ideas Hypothesis Testing. Statistics project ideas for hypothesis testing are not for everyone. But have a look at some of the best statistic project examples for hypothesis testing:-Peppermint essential oil affects the pangs of anxiety; Immunity during winter for students who take more vitamin C than those who don't.
Step 7: Create Visualizations. Charts and Graphs: Create visual representations of your data. Bar charts, scatter plots, histograms, etc., can help convey your findings. Narrate Your Story: Explain what each visualization means in relation to your research question.
99+ Brilliant & Hot AP Stats Project Ideas for Students. Discover creative and engaging AP Stats project ideas to enhance your statistical skills. From data analysis to hypothesis testing, find the perfect project to showcase your understanding of statistics. In AP Statistics, students get to dive into real-world data through projects.
Hypothesis: A well-defined hypothesis is a must for a good statistics project. You need a subject for this project which is attractive to you. If your thoughts in statistics are very unclear and lack a good direction, it becomes tough to write a reasonable hypothesis. ... All the above statistics project ideas are achievable with the help of a ...
Hypothesis Testing | A Step-by-Step Guide with Easy Examples. Published on November 8, 2019 by Rebecca Bevans.Revised on June 22, 2023. Hypothesis testing is a formal procedure for investigating our ideas about the world using statistics.It is most often used by scientists to test specific predictions, called hypotheses, that arise from theories.
Some common statistics topics include data analysis, hypothesis testing, regression analysis, predictive modeling, and more. These topics are applied in various fields such as finance, healthcare, sports, psychology, and environmental science, to name a few. Statistics project topics for college students help researchers and analysts make ...
Top 100 AP Statistics project ideas. Embarking on an AP Statistics project is an exciting journey that allows students to apply their statistical knowledge to real-world scenarios. Whether you're crunching numbers, analyzing data, or creating informative visuals, the possibilities are endless. In this blog, we've compiled a list of the top ...
STATISTICS PROJECT: Hypothesis Testing . University of Idaho $4410 11,739 Idaho State University $4400 13,000 There weren't really any large gaps or outliers in the data that I collected. There was a gap between 5,000 - 10,000 students. But the rest was mostly consistent.
If the engineer used the P -value approach to conduct his hypothesis test, he would determine the area under a tn - 1 = t24 curve and to the right of the test statistic t * = 1.22: In the output above, Minitab reports that the P -value is 0.117. Since the P -value, 0.117, is greater than α = 0.05, the engineer fails to reject the null hypothesis.
Here are some key advantages: Practical Application: Statistics projects allow students to apply theoretical knowledge to real-world data, reinforcing understanding and relevance. Critical Thinking: Analyzing data fosters critical thinking skills as students interpret results, identify patterns, and draw conclusions.
In statistics, hypothesis tests are used to test whether or not some hypothesis about a population parameter is true. To perform a hypothesis test in the real world, researchers will obtain a random sample from the population and perform a hypothesis test on the sample data, using a null and alternative hypothesis:. Null Hypothesis (H 0): The sample data occurs purely from chance.
Hypothesis testing is a scientific method used for making a decision and drawing conclusions by using a statistical approach. It is used to suggest new ideas by testing theories to know whether or not the sample data supports research. A research hypothesis is a predictive statement that has to be tested using scientific methods that join an ...
Statistics Project Ideas Hypothesis Testing. Income versus expenditure analysis. Agricultural loan schemes for farming activities. Influence of poverty on crime rates. a statistical survey of student malpractice during exams. a survey of the commonly occurring road accidents in suburban areas.
The hypothesis testing broadly involves the following steps, Step 1: Formulate the research hypothesis and the null hypothesis of the experiment. Step 2: Set the characteristics of the comparison distribution. Step3: Set the criterion for decision making, i.e., cut off sample score for the comparison to reject or retain the null hypothesis.
3. Identifying the Hypotheses: You can generate several different types of hypotheses, based on the material that is covered in the book. You may choose to test hypotheses about. the mean of the population (e.g., the mean height of a student is the same as the 50% percentile height given in the handbook of human factors).
S.3 Hypothesis Testing. In reviewing hypothesis tests, we start first with the general idea. Then, we keep returning to the basic procedures of hypothesis testing, each time adding a little more detail. The general idea of hypothesis testing involves: Making an initial assumption. Collecting evidence (data).
Here are a list of easy statistics project ideas that are also very effective. Statistics Project Ideas About College. There are several topics related to the lives of college students that provide you with a good scope for statistic project idea hypothesis testing: The amount of time spent by college students on social media
Hypothesis testing is a statistical method used to determine if there is enough evidence in a sample data to draw conclusions about a population. It involves formulating two competing hypotheses, the null hypothesis (H0) and the alternative hypothesis (Ha), and then collecting data to assess the evidence.
Ho (NULL hypothesis) - The overall performance of students is greater than or equal to a score of 70. Ha (Alternative hypothesis) - The overall performance of students is less than 70. Here, we want to compare the sample's mean with the claimed population mean. For this, we will use the one-sample t-test (one-sided) to test this hypothesis.
3. One-Sided vs. Two-Sided Testing. When it's time to test your hypothesis, it's important to leverage the correct testing method. The two most common hypothesis testing methods are one-sided and two-sided tests, or one-tailed and two-tailed tests, respectively. Typically, you'd leverage a one-sided test when you have a strong conviction ...
Discover essential strategies for conducting hypothesis tests in statistics, enhancing your understanding and application of statistical methods. +1 (315) 557-6473 ... Hypothesis testing is a statistical method used to make inferences about a population parameter based on a sample. The process typically involves the following steps: ...
Let's take a look at some of its examples: following a "3D" approach, according to a doctor, can be 90% effective for diabetic patients. The formula of hypothesis testing statistics: Z=(X - 0) (/ n ) Where: 0 is the population mean (the average value you expect to find),; is the standard deviation (how much the values vary),; Xis the sample mean (the average value from your sample),
Considered here is a hypothesis test for the coefficients in the change-plane regression models to detect the existence of a change plane. The test that is considered is from the class of test problems in which some parameters are not identifiable under the null hypothesis. The classic exponential average tests do not work well in practice. To overcome this drawback, a novel test statistic is ...
Abstract: Simultaneous testing of one hypothesis at multiple alpha levels can be performed within a conventional Neyman-Pearson framework. This is achieved by treating the hypothesis as a family of hypotheses, each member of which explicitly concerns test level as well as effect size.
At the end of the 19th century, Scripture (1897) argued that "the development of a science consists in the development of its means of extending and improving its method of observation" (p. 2). Scripture, credited by Boring (1950) for coining the term arm-chair psychology, advocated for a new psychology based on experiments, statistics, and measurements, traditionally understood as ...