Quantitative Data Analysis Flashcards
Income (€); Temperature (C)
-> Interval
Quantitative - Continuous
*Continuous variables: Includes numbers with commas.
Number of cars (1,2,3); Employees
-> Isolated values
Quantitative - Discrete
*Discrete variables: NO numbers with commas, the value must be clear.
Small; Medium; Large
-> Ordered Categories
Qualitative - Ordinal
Employed/Unemployed
-> Unordered Categories
Qualitative - Nominal
Limitations of r (3)
- Only linear relation
- No information about causality
- Not valid measure when other variables have effects
Standard normal distribution (variance and mean)
mean = 0
variance = 1
How to write rejcetion region
t < t alpha/2
Paired samples t-test
compares the means of two variables for single group.
Independent sample t-test
samples are independent does not use the same matrix
Alpha (3)
-> is the same as significance level; or p-value; can be found in the t-table
-> Error one | defines a false positive conclusion (Alpha)
-> 1–α = the probability of choosing H0 correctly
Beta
-> is the same as power, or effect size
-> Error two || defines false negative conclusion (Beta)
-> β = the probability of making a type II error
-> 1–β = the probability of choosing H1 correctly = power
How to lower Beta (4)
▪ when α would be chosen bigger
▪ when n would be larger
▪ when σ would be smaller
▪ when μ would be more in line with H1 and less with H0
Cohens´d: Effect size (def.)
-> Effect size: Cohens d is a standardized effect size for measuring the difference between two group
Levens test (def. and interpretation)
-> the lower the p-value the more the variances differ (significant if it is lower than 5%)
-> Choose equal variances, because Levene’s test p-value = 0.422>0.10
p^
probability in the sample (actually occurring)