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Statistical model infographic.compressed (2)

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Aureus Analytics
Aureus Analytics

Statistical Model provides a complete interpretation of Big data multiple variables & co-variates (ANOVA)/ (ANCOVA) for an ideal data-generating process.

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Howmany dependent variablesdoesyour modelhave? Whatisthenature ofthedependent variable Aretheexplanatory variables continuous? Multivariate Models SelectCount DataModels Howmanylevels doesyour categorical response variablehave? Count >1 1 Censored Survival Related Yes Yes No Yes No No No >2 2 >1Factor Truncated Yes Continuous Categorical Alsoknownas univariatemodels Dependent/response variablesrepresentthe outputoreffect Arethelevels ofthecategorical dependent variableordered? Howmanyfactors areconsidered inthemodel? Whichoneisit? Truncated Regressioinmodels CensoredRegression Models Ordered Multinomial BinaryChoiceModel FactorialAnova OneWayAnova MainEffects DurationModels LinearRegression Models Howtochoosea STATISTICALMODEL AKAINPUTS Alsoknownasmulti responsemodels Inthesemodels,more than1dependent variables aremodelledjointly. Thesemodelsareusedwhenthedependent variablerepresentsadiscretecount. Thus,ittakesintegervaluesgreater thanorequaltozero.E.G.THENEGATIVE BINOMIALORPOISSONMODELS Isthedependent variabletruncated orcensored? Theeffectofeachof thefactorialindependent variablesisconsidered separately. ThisANOVAisusedonlywhenthe effectofonefactorialexplanatory variableisconsidered. Thesemodelsareusedwhenboth thedependentandindependent variablesarecontinuous. Thesemodelsareusedtomodelthe timeindividualsareinastatebefore acertaineventtakesplace.For certainindividualstheeventmight nothaveyettakenplacewhenthe analysisisdone. Someofthevaluesofthe dependentvariablebeyonda certainthresholdarenotavailable. Thevaluesofindependent variablesfortheseobservations areavailable. Thesemodelsconsidertheeffect ofinteractionbetweenthefactorial independentvariablesalong withtheirindividualeffects. Thesemodelsareusedwhen thedependentvariabletakes onlytwovalues.e.g.LOGITOR PROBITMODELS Thesemodelsareusedwhen thereisnoclearorderingamong thelevelsoftheresponsevariable. Thesemodelsareusedwhen thereisaclearorderingamong thelevelsoftheresponse variable. info@aureusanalytics.com www.facebook.com/aureusanalytics www.twitter.com/aureusanalytics www.linkedin.com/company/aureus-analytics 1Factor www.aureusanalytics.com ContactUs Thesomevaluesofdependent variablesareexcludedbasedon somethreshold.Valuesofneither thedependentnortheindependent variableareavailable. Doestheinteraction betweenthefactors holdimportancein yourmodel? Yes START END

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