There are a number of statistical tests that explore the relationship between the independent variable(s) and the dependent variable. The key is to translate the business problem into a ...

Statistical analysis alone cannot guarantee that the best ... Specification bias arises when a potential independent variable - which is related to both the dependent variable and an included ...

explain Variable B (the dependent variable)? Correlation is the statistical linear correspondence of variation between two variables. It combines two related statistical concepts: variance and ...

This is a problem because the goal of many econometric models is to test exactly this sort of statistical relationship between the independent variables and the dependent variable. To ensure the ...

Statistical data includes numeric variables ... Place your independent variable in the first column and dependent variable in the second column. Select the "Insert" tab in the Ribbon at the ...

In statistical inference, or hypothesis testing ... enables you to perform nonparametric tests for location and scale when you have a continuous dependent variable and a single independent ...

Other dependent variables may be truncated or censored ... The course focuses on the application and interpretation of the models, rather than statistical theory.