Chi Square Test
Common Statistical Methods
Techniques for Conducting Statistical Analysis
Basics of Statistical Analysis
Key Statistical Concepts
Desert Regions Across the African Continent
Analyzing Business Data with Statistical Techniques
Machine Learning Model Evaluation
Statistical Comparisons 
Method Description Use Case T-
Test A statistical test used to compare the means of two groups
...Chi-
Square Test A test that assesses the association between categorical variables
...
Common Statistical Methods 
used in business analytics, including descriptive statistics, inferential statistics, regression analysis, and hypothesis
testing
...Variance The average of the
squared differences from the mean
...Chi-Square Test Used to determine if there is a significant association between categorical variables
...
Techniques for Conducting Statistical Analysis 
Variance: The average of the
squared differences from the mean
...Techniques in this category include: Hypothesis
Testing: A method used to determine whether there is enough evidence to reject a null hypothesis
...Chi-square test: Used to assess the association between categorical variables
...
Basics of Statistical Analysis 
Hypothesis
Testing, Regression Analysis, ANOVA,
Chi-
Square Test 3
...
Key Statistical Concepts 
Σ(x - mean)² / n Standard Deviation The
square root of variance, indicating the dispersion of data
...Key concepts include: Hypothesis
Testing: A method to test an assumption regarding a population parameter
...Chi-Square Test Tests the association between categorical variables
...
Desert Regions Across the African Continent 
2 million
square kilometers Namib Desert Namibia, Angola, South Africa 81,000 square kilometers Kalahari Desert Botswana, Namibia, South Africa 900,000 square kilometers Libyan Desert Egypt, Libya 1
...From the endless sands of the Sahara to the rugged beauty of the Namib, Africa's deserts are a
testament to the resilience and adaptability of life in harsh environments
...
Analyzing Business Data with Statistical Techniques 
methods include: Hypothesis
Testing Regression Analysis ANOVA (Analysis of Variance)
Chi-
Square Tests 2
...
Machine Learning Model Evaluation 
Mean
Squared Error (MSE) The average of the squared differences between predicted and actual values
...Train-
Test Split The simplest method involves splitting the dataset into two parts: a training set and a test set
...
Statistical Tools for Marketing Analytics 
ANOVA (Analysis of Variance) A statistical method used to
test differences between two or more group means
...Chi-
Square Test A statistical test used to determine if there is a significant association between categorical variables
...
Statistical Inference 
It provides the theoretical foundation for making predictions, estimating parameters, and
testing hypotheses
...Continuous
Chi-
square test Test relationships between categorical variables
...
Viele Franchise ohne Eigenkapital 
Der Start per Franchise beginnt mit der Selektion der richtigen Geschäftsidee unter Berücksichtigung des Könnens und des Eigenkapital, d.h. des passenden Franchise-Unternehmen - für einen persönlich. Eine top Geschäftsidee läuft immer wie von ganz alleine - ob mit oder ohne das eigene Kapitial. Der Franchise-Markt bringt immer wieder Innnovationen - so auch Franchise ohne Eigenkapital...