Spoiler alert ahead: Great tips for conducting factor analysis using SPSS

Statistics, a scientific approach to investigating statistical data, is employed to determine associations among the phenomena to define, predict and control their occurrence. Factor analysis, known as dimension reduction technique helps to reduce the dimension creating new factors from the old ones by checking the correlations and eigenvalue.  Factor analysis is a helpful technique for … Continue reading “Spoiler alert ahead: Great tips for conducting factor analysis using SPSS”

Exploring in detail Mann- Whitney U-test which is an alternative to Independent Sample T-test

Independent Sample T-test, popular among various statistical tests, which is used to develop statistical evidence for two populations average is significant or not. The Mann- Whitney U test is the non-parametric equivalent of the one-sample t-test. The Mann- Whitney U test is the alternative non-parametric test that is used when the assumptions of the selected … Continue reading “Exploring in detail Mann- Whitney U-test which is an alternative to Independent Sample T-test”

Exploring Pearson’s Correlation Coefficient Test to Determine Statistical Relationship Between Two Continuous Variables

Scientific research often involves correlation which generally refers to association or any form of link or correspondence. Correlation is nothing but a statistical approach used to evaluate the linear association between two continuous variables. While several types of statistical tests can be deployed to determine the relationship between two quantitative variables, Pearson’s correlation coefficient is … Continue reading “Exploring Pearson’s Correlation Coefficient Test to Determine Statistical Relationship Between Two Continuous Variables”

Pursuing doctoral degree in statistics leads in career growth

A Ph.D. in Statistics can lead to better career advancement, especially if you’re a researcher, professor or a government official. A person can take post-graduate studies in statistics to prepare oneself in the business field as well. This degree gives you a deeper understanding of several advanced mathematical areas such as data analysis, probability theory, … Continue reading “Pursuing doctoral degree in statistics leads in career growth”