The Chi-square statistic is calculated by summing the squared difference between observed and expected frequencies, each divided by the ________ frequency.
- expected
- median
- mode
- observed
The Chi-square statistic is calculated by summing the squared differences between observed and expected frequencies, each divided by the expected frequency. This reflects how much the observed data deviate from the expected data.
What are some potential issues with interpreting the results of factor analysis?
- Factor analysis is not sensitive to outliers, and results are always reliable and consistent
- Factors are always straightforward to interpret, and factor loadings are always clear and unambiguous
- Factors may be hard to interpret, factor loadings can be ambiguous, and results can be sensitive to outliers
- Results are always conclusive, factors can be easily interpreted, and factor loadings are never ambiguous
Some potential issues with interpreting the results of factor analysis include: factors can sometimes be hard to interpret, factor loadings can be ambiguous (a variable may load onto multiple factors), and the results can be sensitive to outliers.
How does factor analysis help in understanding the structure of a dataset?
- By identifying underlying factors
- By normalizing the data
- By reducing noise in the data
- By transforming the data
Factor analysis helps in understanding the structure of a dataset by identifying the underlying factors that give rise to the pattern of correlations within the set of observed variables. These factors can explain the latent structure in the data.
What is the name of the rule that states the probability of the sum of all possible outcomes of an experiment is 1?
- Bayes' Theorem
- Law of Large Numbers
- Law of Total Probability
- Rule of Complementary Events
The Law of Total Probability states that the sum of the probabilities of all possible outcomes of an experiment is 1. This rule is fundamental to probability theory and provides a way to calculate the probability of complex events by breaking them down into simpler, mutually exclusive events.
What are the two types of factor analysis used in data science?
- Confirmatory and explanatory
- Exploratory and confirmatory
- Inferential and descriptive
- Predictive and explanatory
Exploratory Factor Analysis (EFA) and Confirmatory Factor Analysis (CFA) are the two types of factor analysis commonly used in data science. EFA is used when the structure of the underlying factors is not known, while CFA is used when the researcher has specific hypotheses about the factor structure.
The __________ Theorem states that with a large enough sample size, the sampling distribution of the mean will be normally distributed.
- Central Limit
- Law of Large Numbers
- Regression
- Variance
The Central Limit Theorem is a fundamental concept in probability theory and statistics. The theorem states that, as the size of a sample is increased, the sampling distribution of the mean will be closer to a normal distribution. This happens no matter the shape of the population distribution.
How does factor analysis differ from principal component analysis (PCA)?
- Factor analysis does not involve rotation of variables, while PCA does
- Factor analysis looks for shared variance while PCA looks for total variance
- PCA focuses on unobservable variables, while factor analysis focuses on observable variables
- PCA is used for dimensionality reduction, while factor analysis is used for data cleaning
Factor analysis and PCA differ primarily in what they seek to model. Factor analysis models the shared variance among variables, focusing on the latent or unobservable variables, while PCA models the total variance and aims at reducing the dimensionality.
How would an outlier affect the confidence interval for a mean?
- It would make the interval narrower
- It would make the interval skewed
- It would make the interval wider
- It would not affect the interval
An outlier can significantly affect the mean and increase the variability in the data, which would lead to a larger standard error and thus a wider confidence interval.
What is the difference between descriptive and inferential statistics?
- Descriptive and inferential statistics are the same
- Descriptive statistics predict trends; inferential statistics summarize data
- Descriptive statistics summarize data; inferential statistics make predictions about the population
- Descriptive statistics summarize data; inferential statistics visualize data
Descriptive statistics provide simple summaries about the sample and the measures. It's about describing the collected data using the measures such as mean, median, mode, etc. On the other hand, inferential statistics takes data from a sample and makes inferences about the larger population from which the sample was drawn. It is the process of using data analysis to deduce properties of an underlying distribution of probability.
Non-parametric tests are also known as ________ tests because they make fewer assumptions about the data.
- assumption-free
- distribution-free
- free-assumption
- free-distribution
Non-parametric tests are also known as distribution-free tests because they make fewer assumptions about the data, specifically, they do not require the data to follow a specific distribution.