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Predictive Analysis

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Jmk326 Predictive Analysis 07-11-2016, 10:50 PM
MrShorty Re: Predictive Analysis 07-12-2016, 10:18 AM
  1. #1
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    Predictive Analysis

    I've been looking at this different ways for awhile and can't figure it out. Is there a way to tell if the two highlighted cells are different from what would be expected given all of the other data available? Based on trend? Thanks you!

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    Last edited by Jmk326; 07-12-2016 at 01:40 AM. Reason: Clarifying

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    Re: Predictive Analysis

    How much of this is an Excel question and how much is a statistics question? You mention having tried several things that did not work, but you did not include those failed attempts in your spreadsheet or your description.

    Assuming this is first a statistics question, it appears to be a basic "hypothesis testing" question, and I will refer you to this page as a starting point: http://stattrek.com/hypothesis-test/...?Tutorial=Stat As noted by stattrek, there are 4 basic steps to hypothesis testing:
    1) state the hypotheses
    2) Plan out the test (including the choice of test statistic)
    3) Compute test statistic and anything else that is needed
    4) interpret results.

    This is where some of those failed attempts might help us help you. We could see what test plans you have tried (which test statistics you have tried) and have some idea of why they did not work. At this point I would ask if you know what analysis plan you should use or are expected to use, or if your question at this point is about step 2.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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