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Big Data Analytics
book

Big Data Analytics

by Kim H. Pries, Robert Dunnigan
February 2015
Beginner to intermediate
576 pages
16h 15m
English
Auerbach Publications
Content preview from Big Data Analytics
Statistics • 263
a reasonable level. A test p value that exactly reaches the signicance
level of p = .05 will reach the correct result nearly 85% of the time; this is
resolution.
We can see a fundamental tension in hypothesis testing. e more resis-
tant a test is to Type I errors, the less sensitive it is; in other words, the more
likely it is we will miss real relationships too weak to cross the threshold
set by the signicance level. A real relationship may hit p = .006, and if our
signicance level is set at p = .005, we will reject that real level. However, if
we set a looser threshold as our signicance level, such as p = .05, then we
will churn up more trivial results that will clog our analytical resources
at best and lead us to propose ...
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Publisher Resources

ISBN: 9781482234510