BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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t-test
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Anova
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chi-square
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regression
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Detailed explanation-1: -This test is used to determine if two categorical variables are independent or if they are in fact related to one another. If two categorical variables are independent, then the value of one variable does not change the probability distribution of the other.
Detailed explanation-2: -The chi-square test of independence is used to test whether two categorical variables are related to each other.
Detailed explanation-3: -The Chi-Square Test for Association is used to determine if there is any association between two variables. It is really a hypothesis test of independence. The null hypothesis is that the two variables are not associated, i.e., independent. The alternate hypothesis is that the two variables are associated.
Detailed explanation-4: -The Chi-Square test of independence examines whether or not two nominal (categorical) variables have a significant connection. Comparing the frequency of categories for one nominal variable with the frequency of categories for the second nominal variable.