Close Menu
    Trending
    • LLMs Finally Learn to Say “I Don’t Know” — And It’s a Game-Changer | by ArXiv In-depth Analysis | Jun, 2025
    • Unsupervised Learning: A Simple Revision Guide | by Samriddhi Saxena | Jun, 2025
    • Top 5 SASE Solutions for Modern Enterprise Security
    • Paper Insights: Masked Autoencoders that listen | by Shanmuka Sadhu | Jun, 2025
    • Statistical Inference: Your Friendly Guide to Making Sense of Data | by Timothy Kimutai | Jun, 2025
    • Machine Learning in Finance: Next-Gen Budget Forecasting | by Kavika Roy | Jun, 2025
    • Discover How AI Can Transform the Way You Work With This $20 E-Degree
    • When Your Probabilities Lie — A Hands-On Guide to Probability Calibration | by Anirban Mukherjee | Jun, 2025
    Finance StarGate
    • Home
    • Artificial Intelligence
    • AI Technology
    • Data Science
    • Machine Learning
    • Finance
    • Passive Income
    Finance StarGate
    Home»Machine Learning»Statistical Inference: Your Friendly Guide to Making Sense of Data | by Timothy Kimutai | Jun, 2025
    Machine Learning

    Statistical Inference: Your Friendly Guide to Making Sense of Data | by Timothy Kimutai | Jun, 2025

    FinanceStarGateBy FinanceStarGateJune 15, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    import numpy as np
    from scipy import stats
    import matplotlib.pyplot as plt
    import pandas as pd

    # Generate practical information
    np.random.seed(42)

    # Espresso drinkers (n=50): barely larger productiveness scores
    coffee_drinkers = np.random.regular(85, 12, 50)

    # Non-coffee drinkers (n=45): baseline productiveness scores
    non_coffee_drinkers = np.random.regular(80, 11, 45)

    # Create a DataFrame for simple evaluation
    information = pd.DataFrame({
    ‘productiveness’: np.concatenate([coffee_drinkers, non_coffee_drinkers]),
    ‘group’: [‘Coffee’] * len(coffee_drinkers) + [‘No Coffee’] * len(non_coffee_drinkers)
    })

    print(“☕ COFFEE vs PRODUCTIVITY ANALYSIS ☕”)
    print(“=” * 50)

    # Descriptive statistics
    coffee_stats = information[data[‘group’] == ‘Espresso’][‘productivity’]
    no_coffee_stats = information[data[‘group’] == ‘No Espresso’][‘productivity’]

    print(f”Espresso Drinkers (n={len(coffee_stats)}):”)
    print(f” Imply: {coffee_stats.imply():.2f}”)
    print(f” Std Dev: {coffee_stats.std():.2f}”)

    print(f”nNon-Espresso Drinkers (n={len(no_coffee_stats)}):”)
    print(f” Imply: {no_coffee_stats.imply():.2f}”)
    print(f” Std Dev: {no_coffee_stats.std():.2f}”)

    # Step 1: Arrange hypotheses
    print(f”n📋 HYPOTHESIS TESTING”)
    print(“H0: No distinction in productiveness between teams (μ₁ = μ₂)”)
    print(“H1: Espresso drinkers have totally different productiveness (μ₁ ≠ μ₂)”)

    # Step 2: Carry out the take a look at
    t_stat, p_val = stats.ttest_ind(coffee_stats, no_coffee_stats)

    print(f”n🧮 TEST RESULTS:”)
    print(f”T-statistic: {t_stat:.3f}”)
    print(f”P-value: {p_val:.6f}”)

    # Step 3: Make resolution
    alpha = 0.05
    if p_val print(f”n✅ DECISION: Reject H0 (p = {p_val:.6f} print(“There IS a statistically vital distinction between teams!”)
    else:
    print(f”n❌ DECISION: Fail to reject H0 (p = {p_val:.6f} ≥ {alpha})”)
    print(“There’s NO statistically vital distinction between teams.”)

    # Step 4: Calculate confidence intervals for each teams
    def calculate_ci(information, confidence=0.95):
    n = len(information)
    imply = np.imply(information)
    std = np.std(information, ddof=1)
    se = std / np.sqrt(n)

    alpha = 1 – confidence
    t_crit = stats.t.ppf(1 – alpha/2, n – 1)

    margin_error = t_crit * se
    ci_lower = imply – margin_error
    ci_upper = imply + margin_error

    return ci_lower, ci_upper, margin_error

    # Calculate 95% CIs
    coffee_ci = calculate_ci(coffee_stats)
    no_coffee_ci = calculate_ci(no_coffee_stats)

    print(f”n📊 95% CONFIDENCE INTERVALS:”)
    print(f”Espresso Drinkers: [{coffee_ci[0]:.2f}, {coffee_ci[1]:.2f}]”)
    print(f”Non-Espresso Drinkers: [{no_coffee_ci[0]:.2f}, {no_coffee_ci[1]:.2f}]”)

    # Examine if intervals overlap
    if coffee_ci[1] print(“🚫 Confidence intervals do not overlap – robust proof of distinction!”)
    else:
    print(“🤝 Confidence intervals overlap – some uncertainty concerning the distinction.”)

    # Step 5: Impact measurement
    effect_size = (coffee_stats.imply() – no_coffee_stats.imply()) / np.sqrt(
    ((len(coffee_stats) – 1) * coffee_stats.var() + (len(no_coffee_stats) – 1) * no_coffee_stats.var()) /
    (len(coffee_stats) + len(no_coffee_stats) – 2)
    )

    print(f”n📏 EFFECT SIZE (Cohen’s d): {effect_size:.3f}”)
    if abs(effect_size) effect_interp = “negligible”
    elif abs(effect_size) effect_interp = “small”
    elif abs(effect_size) effect_interp = “medium”
    else:
    effect_interp = “giant”
    print(f”Interpretation: {effect_interp} impact”)

    # Visualization
    fig, (ax1, ax2) = plt.subplots(1, 2, figsize=(15, 6))

    # Field plot
    information.boxplot(column=’productiveness’, by=’group’, ax=ax1)
    ax1.set_title(‘Productiveness Scores by Group’)
    ax1.set_ylabel(‘Productiveness Rating’)

    # Histogram with confidence intervals
    ax2.hist(coffee_stats, alpha=0.7, label=’Espresso Drinkers’, bins=15, coloration=’brown’)
    ax2.hist(no_coffee_stats, alpha=0.7, label=’Non-Espresso Drinkers’, bins=15, coloration=’lightblue’)

    # Add confidence interval bars
    ax2.errorbar(coffee_stats.imply(), 5, xerr=coffee_ci[2],
    fmt=’o’, coloration=’darkred’, capsize=5, capthick=2, label=’Espresso 95% CI’)
    ax2.errorbar(no_coffee_stats.imply(), 3, xerr=no_coffee_ci[2],
    fmt=’s’, coloration=’darkblue’, capsize=5, capthick=2, label=’No Espresso 95% CI’)

    ax2.set_xlabel(‘Productiveness Rating’)
    ax2.set_ylabel(‘Frequency’)
    ax2.set_title(‘Distribution of Productiveness Scores’)
    ax2.legend()
    ax2.grid(True, alpha=0.3)

    plt.tight_layout()
    plt.present()



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMachine Learning in Finance: Next-Gen Budget Forecasting | by Kavika Roy | Jun, 2025
    Next Article Paper Insights: Masked Autoencoders that listen | by Shanmuka Sadhu | Jun, 2025
    FinanceStarGate

    Related Posts

    Machine Learning

    LLMs Finally Learn to Say “I Don’t Know” — And It’s a Game-Changer | by ArXiv In-depth Analysis | Jun, 2025

    June 16, 2025
    Machine Learning

    Unsupervised Learning: A Simple Revision Guide | by Samriddhi Saxena | Jun, 2025

    June 16, 2025
    Machine Learning

    Paper Insights: Masked Autoencoders that listen | by Shanmuka Sadhu | Jun, 2025

    June 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    AI in Sports: How Machine Learning is Enhancing Performance, Strategy, and Injury Prevention | by Ranjotisingh | Mar, 2025

    March 27, 2025

    What Legally Counts as Wrongful Termination? A Lawyer Explains

    April 16, 2025

    Machine Learning for Human Behavior: Building Algorithms to Understand Psychological Patterns | by Paras Khulbe | Apr, 2025

    April 5, 2025

    A Beginner’s Guide to Reinforcement Learning with PyTorch! | by Emrullah AYDOGAN | Apr, 2025

    April 3, 2025

    How Young Workers Are Creating a New Opportunity for Unions

    May 23, 2025
    Categories
    • AI Technology
    • Artificial Intelligence
    • Data Science
    • Finance
    • Machine Learning
    • Passive Income
    Most Popular

    What A Recession Is Like For Early Retirees: The Good and Bad

    May 2, 2025

    Shaquille O’Neal on Franchising, Investing, and Fighting Nerves

    February 25, 2025

    Honestly Uncertain | Towards Data Science

    February 18, 2025
    Our Picks

    AI ML Courses in Hyderabad | Best Artificial Intelligence | by Kalyanvisualpath | Apr, 2025

    April 19, 2025

    How Entrepreneurs Can Stay Ahead in the Age of Instant News

    March 7, 2025

    🐛 The Problem I Encountered While Studying Lesson 2 of fastai’s Practical Deep Learning | by thgirb | Jun, 2025

    June 3, 2025
    Categories
    • AI Technology
    • Artificial Intelligence
    • Data Science
    • Finance
    • Machine Learning
    • Passive Income
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Financestargate.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.