Search icon
Arrow left icon
All Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Newsletters
Free Learning
Arrow right icon
Building Statistical Models in Python

You're reading from  Building Statistical Models in Python

Product type Book
Published in Aug 2023
Publisher Packt
ISBN-13 9781804614280
Pages 420 pages
Edition 1st Edition
Languages
Concepts
Authors (3):
Huy Hoang Nguyen Huy Hoang Nguyen
Profile icon Huy Hoang Nguyen
Paul N Adams Paul N Adams
Profile icon Paul N Adams
Stuart J Miller Stuart J Miller
Profile icon Stuart J Miller
View More author details

Table of Contents (22) Chapters

Preface 1. Part 1:Introduction to Statistics
2. Chapter 1: Sampling and Generalization 3. Chapter 2: Distributions of Data 4. Chapter 3: Hypothesis Testing 5. Chapter 4: Parametric Tests 6. Chapter 5: Non-Parametric Tests 7. Part 2:Regression Models
8. Chapter 6: Simple Linear Regression 9. Chapter 7: Multiple Linear Regression 10. Part 3:Classification Models
11. Chapter 8: Discrete Models 12. Chapter 9: Discriminant Analysis 13. Part 4:Time Series Models
14. Chapter 10: Introduction to Time Series 15. Chapter 11: ARIMA Models 16. Chapter 12: Multivariate Time Series 17. Part 5:Survival Analysis
18. Chapter 13: Time-to-Event Variables – An Introduction 19. Chapter 14: Survival Models 20. Index 21. Other Books You May Enjoy

Assumptions of parametric tests

Parametric tests make assumptions about population data that require the statistics practitioner to perform analysis of data prior to modeling, especially when using sample data because the sample statistics are leveraged as estimates for the population parameters when the true population parameters are unknown. These are the three primary assumptions of parametric hypothesis tests:

  • Normally distributed population data
  • Samples are independent
  • Equal population variances (when comparing two or more groups)

In this chapter, we discuss the z-test, t-test, ANOVA, and Pearson’s correlation. These tests are used on continuous data. In addition to these assumptions, Pearson’s correlation requires data to contain paired samples. In other words, there must be an equal number of samples in each group being compared as Pearson’s correlation is based on pairwise comparisons.

While these assumptions are ideal, there are...

lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at $15.99/month. Cancel anytime}