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What is the mean value?

The mean value is the arithmetic mean of a series of numbers. It is calculated by adding up all the values and dividing the result by the number of values.

What is a significance test?

A significance test is a statistical test used to determine whether or not a result is significant. It is used to determine whether the results of an experiment or study are truly relevant or whether they are simply due to chance. A significance test is usually used to test a hypothesis by determining the probability that a particular observation is random.

What is standardization (statistics)?

Standardization is a statistical process in which a given set of numbers is converted into a new set of numbers that all have the same mean and standard deviation. The newly generated set of numbers is called standardized data. It is often used to compare different sets of data or to put data into a more homogeneous format.

What is the T-Test?

The T-test is a statistical test used to determine whether the means of two groups are significantly different from each other. It is usually used to test whether a particular treatment or experiment has a significant effect on a group of people or objects. The T-test is based on the assumption that the values in both groups are normally distributed.

What is Exploratory Data Analysis?

Exploratory data analysis, also called exploratory data analytics or exploratory data mining, is a method for systematically exploring and processing data to gain new knowledge and insights. It is an iterative process that allows the researcher to form hypotheses, identify patterns and relationships, and understand how data is related and how it impacts new findings and insights.