- Box Plots: used to tell if the data set is skewed by looking at the relative positions of the median, quartiles and the tail. Easy to spot outliers.
- Scatter Plots: when we are interested in the relationships between two attributes. Offer visual assessment.
- Control Charts: to know whether the data is within acceptable bounds.
- Correlation: measure the correlation between two variables. Measure the strength of relationship / association.
- Linear Regression: express relation as a linear formula.
- Multivariate Regression: investigate relationship between one dependent variable and two or more independent variables.
Scraps from various sources and my own writings on Digital, Artificial Intelligence, Disruption, Agile, Scrum, Kanban, Scaled Agile, XP, TDD, FDD, DevOps, Design Thinking, etc.
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Wednesday, August 18, 2010
Stat tools - when to use what
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