by Suf | Nov 10, 2024 | Programming, R, Statistics
Table of Contents What is Tukey’s Fences? Calculating Tukey’s Fences Assumptions and Limitations of Tukey’s Fences Conclusion Tukey’s Fences is a statistical method used for outlier detection, offering a clear and effective way to identify data...
by Suf | Nov 10, 2024 | Programming, R, Statistics
Table of Contents Introduction to the Central Limit Theorem The Formula for the Central Limit Theorem Properties of the Central Limit Theorem Example: Starting with a Uniformly Distributed Sample Building the Sampling Distribution of the Mean Understanding Sampling...
by Suf | Nov 10, 2024 | Programming, R, Statistics
Table of Contents What is Mean Absolute Error? Example 1: Simple MAE Calculation with Two Vectors Example 2: MAE Calculation for a Linear Regression Model Visualizing the Results Creating an MAE Function for Reusability Conclusion Mean Absolute Error (MAE) is a...
by Suf | Nov 10, 2024 | Programming, R, Statistics
Table of Contents What is Root Mean Squared Error? Real-Life Example: Predicting Temperature Step 1: Manually Calculating RMSE in R Step 2: Visualizing Observed vs. Predicted Values Step 3: Creating an RMSE Function for Reusability Step 4: Using the Metrics Package...
by Suf | Nov 10, 2024 | Programming, R, Statistics
Table of Contents What is Mean Squared Error? Real-Life Example: Predicting House Prices Step 1: Manually Calculating MSE in R Step 2: Visualizing Observed vs. Predicted Values Step 3: Creating an MSE Function for Reusability Step 4: Using the Metrics Package for MSE...
by Suf | Nov 7, 2024 | Programming, R, Statistics
Introduction Fisher’s exact test is a statistical significance test used to determine if there are nonrandom associations between two categorical variables. Unlike the chi-square test of independence, which may not perform well with small samples or low expected...
