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Showing posts from March, 2023

Time Series

 Time series  Introduction:-         We see the many variables are changes over period of time that are population (I.e. population are changes over time means population increase day by day), monthly demand of commodity, food production, agriculture production increases and that can be observed over period of times known as time series. Time series is defined as a set of observation arranged according to time is called time series. Or a time Series is a set of statistical observation arnging chronological order. ( Chronological order means it is arrangements of variable according to time) and it gives information about variable.  Also we draw the graph of time series to see the behaviour of variable over time. It can be used of forecasting. The analysis of time series is helpful to economist, business men, also for scientist etc. Because it used to forecasting the future, observing the past behaviour of that variable or items. Also planning for future, here time series use past data h

Non-Parametric Test 1.Sign test

Types of Non-Parametric Test : the non-parametric test is Broadly divided into three categories as: 1. One-sample Test  2.Two-sample test 3. K-sample test In this blog we discuss the one-sample tests,  there are four types of one-sample non-parametric test as follows:  1. Run Test. 2.Sign Test 3. Wilcoxon Sing-Rank test 4. Kolmogorov-smirnov test. first we discuss the sign test. 1.Sign Test The sign test id one of the very simplest non-parametric test. the test is based on signs (i.e. plus and minus signs) hence is called sign test. the non-parametric test are alternative to the parametric one, therefore the sign test is alternative to parametric T-test, is used to test the median of population instead of mean of population. (i.e. Parametric T-test is used to testing mean of population and sign test is used to testing the median of the population they are alternative to each other when the data follows assumption of T-test we use parametric t-test, but i some situation the data dose no

Non- Parametric Test: Run Test

Non- Parametric Test  A Non-Parametric tests is a one of the part of Statistical tests that non-parametric test does not assume any particular distribution for analyzing the variable. unlike the parametric test are based on the assumption like normality or other specific distribution  of the variable. Non-parametric test is based on the rank, order, signs, or other non-numerical data. we know both test parametric and non-parametric, but when use particular test? answer is that if the assumption of parametric test are violated such as data is not normally distributed or sample size is small. then we use Non-parametric test they can used to analyse categorical data  or ordinal data and data are obtained form in field like psychology, sociology and biology. For the analysis use the  some non-parametric test that are Wilcoxon signed-ranked test, mann-whiteny U test, sign test, Run test, Kruskal-wallis test. but the non-parametric test have lower statistical power than parametric test whe