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Results tagged with statistical-significance
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user 70926
Statistical significance is a characteristic of a statistic viewed in light of a null hypothesis and a given significance level. It reflects whether the statistic belongs to the rejection region (is statistically significant) or the acceptance region (is not statistically significant).
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Predict the weekday of a recurring event and its probability
Suppose, we have 100 observations of variable X. X is the day of the week (Sunday – Saturday) when a specific event occurs on regular basis. E.g. when a postman delivers a package every week for 100 w …
