December 2021
Beginner to intermediate
1168 pages
30h 17m
English
book
Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
by Wayne Winston
Content preview from Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
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Chapter 83
Using resampling to analyze data
Question answered in this chapter:
I produced nine batches of a product by using a high temperature and seven batches by using a low temperature. What is the probability that the product yield is better at the high temperature?
Data analysts often need to address questions such as these:
What is the probability that a new teaching technique improves student learning?
What is the probability that aspirin reduces the incidence of heart attacks?
What is the probability that Machine 1 is the most productive of three machines?
You can use a simple yet powerful technique known as resampling to make inferences from data. To use resampling to make statistical inferences, you regenerate data many times ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.