When your dependent variable is not continuous, unbounded, and measured on an interval or ratio scale, linear models don’t fit. The data just will not meet the assumptions of linear models. But there’s good news, other models exist for many types of dependent variables.
Today I’m going to go into more detail about 6 common types of dependent variables that are either discrete, bounded, or measured on a nominal or ordinal scale and the tests that work for them instead. Some are all of these.
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When interpreting the results of a regression model, the first step is to look at the regression coefficients. Each term in the model has one. And each one describes the average difference in the value of Y for a one-unit difference in the value of the predictor variable, X, that makes up that term. It’s the effect size statistic for that term in the model. (more…)
Meta-analysis allows us to synthesize the results of separate studies. The goal is to assess the mean effect size and also heterogeneity – how much the effect size varies across studies. (more…)
Updated 11/22/2021
Probability and odds measure the same thing: the likelihood or propensity or possibility of a specific outcome.
People use the terms odds and probability interchangeably in casual usage, but that is unfortunate. It just creates confusion because they are not equivalent.
How Odds and Probability Differ
They measure the same thing on different scales. Imagine how confusing it would be if people used degrees Celsius and degrees Fahrenheit interchangeably. “It’s going to be 35 degrees today” could really make you dress the wrong way.
In measuring the likelihood of any outcome, we need to know (more…)
Effect size statistics are extremely important for interpreting statistical results. The emphasis on reporting them has been a great development over the past decade. (more…)
If you’ve been doing data analysis for very long, you’ve certainly come across terms, concepts, and processes of matrix algebra. Not just matrices, but:
- Matrix addition and multiplication
- Traces and determinants
- Eigenvalues and Eigenvectors
- Inverting and transposing
- Positive and negative definite
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