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By Riya Jain & Priya Chetty on March 19, 2020 No Comments

A multicollinearity test helps to diagnose the presence of multicollinearity in a model. Multicollinearity refers to a state wherein there exists inter-association or inter-relation between two or more independent variables.

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By Riya Jain & Priya Chetty on March 16, 2020 No Comments

Data scientists strictly prefer to test normality and work on normally distributed data because of its benefits.

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By Riya Jain & Priya Chetty on March 12, 2020 No Comments

Normality test identifies the nature of the distribution of data of a given variable. Normal distribution of data refers to the closeness of every observation in a dataset to its mean score.

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By Riya Jain & Priya Chetty on March 3, 2020 1 Comment

Regression analysis signifies the extent of the relationship between the dependent and independent variables.

 
By Riya Jain & Priya Chetty on February 28, 2020 No Comments

Regression analysis is the statistical measurement which helps in linking the variables and determining the strength of the relationship between them.

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By Riya Jain & Priya Chetty on February 27, 2020 No Comments

Correlation refers to the extent of a relationship between the variables. In order to determine this relationship, it is essential to establish a correlation between the variables.

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By Priya Chetty on February 24, 2020 No Comments

Qantitative data refers to statistical datasets that express certain quantities, amounts and ranges.. Arithmetic operations are applied to quantitative data. This article explains the Quantitative data characteristics.

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By Riya Jain & Priya Chetty on February 12, 2020 19 Comments

Stationarity in stationarity test is a property of time series which states that the value of the variable doesn’t change with time.

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