Web analytics is the practice of measuring, collecting, analysing and reporting online data for the purposes of understanding how a web site is used by its visitors and how to optimise its usage. The focus of web analytics is to understand a site’s users, their behaviour and activities.
The study of online user behaviour and activities generates valuable marketing intelligence and provides:
• performance measures of the website against targets
• insights on user behaviours and needs, and how the site is meeting those needs
• optimisation...
Test of Significance
In applied investigations, one is often interested in comparing some characteristic (such as the mean, the variance or a measure of association between two characters) of a group with a specified value, or in comparing two or more groups with regard to the characteristic. For instance, one may wish to compare two varieties of wheat with regard to the mean yield per hectare or to know if the genetic fraction of the total variation in a strain is more than a given value or to compare different lines of a crop in respect of variation between...
Statistical Terms
A
Acceptance Error, Beta Error, Type II Error - An error made by wrongly accepting the null hypothesis when the null is really false.
Acceptance Region - Opposite of the Rejection Region. It is better to call this the "Fail to Reject Region." In the case of a two-tailed hypothesis t-test, it is shaded in light blue on the picture below. If the test statistic falls between -tcritical and tcritical then we fail to reject the null hypothesis....