Here are some examples of real-world statistical analyses that don’t use p-values and significance testing
Here are some examples of real-world statistical analyses that don’t use p-values and significance testing

<p>Your results from a hypothesis test are statistically significant. Bravo! Are these results important? Not so. Significance not necessarily mean the results are practically significant in real world Statistical Analysis.&nbsp;</p> <p>In this blog post, I will list out few examples of real world statistical analyses that do not use p-value and significance testing. Before that, let us understand what exactly the p-value mean?&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p> <p>&nbsp;</p> <p>Statswork is one among the country&rsquo;s leader in providing Data Analysis Services and Statistical Consulting Services. Contact Statswork for availing our services.</p> <p>&nbsp;</p>

Conjoint Analysis and Its Types - Statswork
Conjoint Analysis and Its Types - Statswork

<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: justify; line-height: 150%;"><a href="http://www.statswork.com/services/quantitative-data-analysis/"><strong><span style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';">Conjoint analysis</span></strong></a><span style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-bidi-font-weight: bold;"> is a statistical technique which helps to form subsets of all possible combinations of the characteristics present in the target product. These characteristics used determine the product's buying choice. Conjoint analysis works on the conviction that when studied together, the relative values of the attributes are calculated better than in segregation.</span></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: justify; line-height: 150%;"><span style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; color: #191e23; background: white;">Statswork is one among the country&rsquo;s leader in providing </span><a href="http://www.statswork.com/services/data-analysis/"&...

Analysis of variance (ANOVA) - Statswork
Analysis of variance (ANOVA) - Statswork

<p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify; line-height: 150%;"><span lang="EN-IN" style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-fareast-language: EN-IN; mso-bidi-language: AR-SA;">ANOVA is a statistical tool used for comparing statistical groups using the dependant and the independent variables. </span><span lang="EN-IN"><a href="http://www.statswork.com/services/quantitative-data-analysis/"><strong style="mso-bidi-font-weight: normal;"><span style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; color: #00b0f0; mso-fareast-language: EN-IN; mso-bidi-language: AR-SA;">Analysis of variance</span></strong></a></span><span lang="EN-IN" style="font-size: 12.0pt; line-height: 150%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-fareast-language: EN-IN; mso-bidi-language: AR-SA;"> (ANOVA) is a technique that uses a sample of observations to compare the number of means. ANOVA calculates statistical differences between two or more means for either groups or variances. The measured variables are called dependent vari...

Factor Analysis -  Statswork
Factor Analysis - Statswork

<p class="single-quote" style="text-align: justify; line-height: 17.75pt; vertical-align: baseline;"><span style="font-family: 'Georgia','serif'; mso-bidi-font-family: Arial;">The analysis of variance is not a mathematical theorem, but rather a convenient method of arranging the arithmetic.- <strong style="mso-bidi-font-weight: normal;">Ronald Fisher</strong></span></p> <p class="single-quote" style="text-align: justify; line-height: 17.75pt; vertical-align: baseline;"><span style="font-family: 'Georgia','serif'; mso-bidi-font-family: Arial;">The inexpensive </span><a href="http://www.statswork.com/services/data-mining/factor-analysis/"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: 'Georgia','serif'; mso-bidi-font-family: Arial;">Factor Analysis</span></strong></a><span style="font-family: 'Georgia','serif'; mso-bidi-font-family: Arial;"> is a prominent statistical tool to identify a lot of underlying dormant factors. For more than a century it is used in psychology and also in a wide variety of situations. </span></p> <p class="single-quote" style="text-align: justify; line-height: 17.75pt; vertical-align: baseline;"><span style="font-family: 'Georgia','serif'; mso-bidi-font-family: Arial;">Fac...