Statistical Analysis
C. Hall Jones & Associates, Inc., can employ a number of statistical analysis tools to aid in the collection, organization, classification, summarization, and presentation of data, making inferences, testing hypotheses, determining relationships, making predictions about a population or populations, and making decisions under uncertainty.
Statistics is often defined as the science of collecting, organizing, summarizing, analyzing, and making inferences from data. Statistics is a collection of theories and methods that are applied for the purpose of understanding data.
The application of statistics may be beneficial:
- in conjunction with certain types of research in order to fully understand the results and how those results affect future training course and/or program design and application
- to determine various factors from sets of data that have been obtained from tests that have been applied to a single group
- to determine various factors from sets of data that have been obtained from tests that have been applied to different groups
The application of statistics is divided into three broad categories:
- descriptive statistics
- inferential statistics
- decision theory
Descriptive statistics includes collecting, organizing, classifying, summarizing, and presenting data. A partial list of descriptive statistical tests includes:
- mean (standard, weighted, geometric)
- median
- mode
- range (standard, interfractile, interquartile)
- mean deviation
- variance
- standard deviation
- coefficient of variation
- z score
- Pearson r
- Spearman rho
Inferential statistics includes making inferences, hypothesis testing, determining relationships, and making predictions about a population by analyzing a sample from that population. A partial list of inferential statistical tests includes:
- t distribution
- Fisher z transformation
- F distribution and F ratio
- ANOVA (Analysis of Variance)
- Tukey Method (HSD Test - Honesty Significant Difference Test)
- Newman-Keuls Method
- Tukey/Kramer (T/K) Method
- Scheffe Method
- Linear Regression Analysis
- Multiple Linear Regression Analysis
- ANCOVA (Analysis of Covariance)
- Pearson Product-Moment Correlation Coefficients
- Chi-Square Test
- Median Test
- Mann-Whitney U Test
- Kruskal-Wallis One-Way Analysis of Variance (Kruskal-Wallis H Test)
- Wilcoxon Matched-Pairs Signed-Rank Test
Decision theory includes making decisions under uncertainty. A partial list of decision theory tests includes:
- Probability Theory
- Expected Value
- Decision Tree Analysis
- Bayes’ Theorum
- Monte Carlo Simulation
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