Book Image

IPython Interactive Computing and Visualization Cookbook

By : Cyrille Rossant
Book Image

IPython Interactive Computing and Visualization Cookbook

By: Cyrille Rossant

Overview of this book

Table of Contents (22 chapters)
IPython Interactive Computing and Visualization Cookbook
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Getting started with statistical hypothesis testing – a simple z-test


Statistical hypothesis testing allows us to make decisions in the presence of incomplete data. By definition, these decisions are uncertain. Statisticians have developed rigorous methods to evaluate this risk. Nevertheless, some subjectivity is always involved in the decision-making process. The theory is just a tool that helps us make decisions in an uncertain world.

Here, we introduce the most basic ideas behind statistical hypothesis testing. We will follow an extremely simple example: coin tossing. More precisely, we will show how to perform a z-test, and we will briefly explain the mathematical ideas underlying it. This kind of method (also called the frequentist method), although widely used in science, is subject to many criticisms. We will show later a more modern approach based on Bayesian theory. It is very helpful to understand both approaches, because many studies and publications still follow frequentist methods...