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Another method of grouping the data is to use some qualitative characteristics instead of numerical intervals. For example, suppose in the above example, there are three types of students: 1) Below normal, if the response time is 5 to 14 seconds, 2) normal if it is between 15 and 24 seconds, and 3) above normal if it is 25 seconds or more, then the grouped data looks like:
Case–control study versus cohort on a timeline. "OR" stands for "odds ratio" and "RR" stands for "relative risk".In statistics, epidemiology, marketing and demography, a cohort is a group of subjects who share a defining characteristic (typically subjects who experienced a common event in a selected time period, such as birth or graduation).
In the statistical theory of the design of experiments, blocking is the arranging of experimental units that are similar to one another in groups (blocks) based on one or more variables. These variables are chosen carefully to minimize the affect of their variability on the observed outcomes.
Cohort studies can be retrospective (looking back in time, thus using existing data such as medical records or claims database) or prospective (requiring the collection of new data). [3] Retrospective cohort studies restrict the investigators' ability to reduce confounding and bias because collected information is restricted to data that ...
A nominal variable, or nominal group, is a group of objects or ideas collectively grouped by a particular qualitative characteristic. [3] Nominal variables do not have a natural order, which means that statistical analyses of these variables will always produce the same results, regardless of the order in which the data is presented. [1] [3]
Data binning, also called data discrete binning or data bucketing, is a data pre-processing technique used to reduce the effects of minor observation errors. The original data values which fall into a given small interval, a bin , are replaced by a value representative of that interval, often a central value ( mean or median ).
Aggregate data is high-level data which is acquired by combining individual-level data. For instance, the output of an industry is an aggregate of the firms’ individual outputs within that industry. [1] Aggregate data are applied in statistics, data warehouses, and in economics. There is a distinction between aggregate data and individual data.
Statistics is a field of inquiry that studies the collection, analysis, interpretation, and presentation of data. It is applicable to a wide variety of academic disciplines , from the physical and social sciences to the humanities ; it is also used and misused for making informed decisions in all areas of business and government .