Monthly Archives: December 2014

The Most widely used Correlation Coefficient

The most widely used Correlation Co efficient is Pearson r. it is also called as linear or product moment correlation. Simple Linear Correlation: the Pearson Correlation assumes that both the variables get to be measured at the least interval scales and it also determines the extent to which both the values are proportionate to each […]

ANOVA or MANOVA

These are two different statistical methods and are put to use for the comparison of means ANOVA ANOVA stands for the Analysis of Variance”. In the field of statistics when we compare or two or more means at the same time we use the statistical method which is called ANOVA. It gives values and results […]

Principal Component Analysis and Factor Analysis: How much are they similar?

Principal Component Analysis Principal Component analysis is the procedure that helps in the identification of a smaller number of uncorrelated variables. These are called the principal components and are derived from a large set of data. The purpose of principal component analysis is to further explain the maximum amount of variance with the fewest number […]

Creating output from Qualitative Data

Often people are found wondering, how would the output of qualitative data look like? Often researchers are of the opinion that the presentation of quantitative data is better as compared to the qualitative data. What is important in analysis of qualitative data is that apart from having an analytical and logical mind, it is important […]