If you tried to answer the question in the title, you'll be disappointed to find out that it is actually a trick question - there is essentially no difference in the listed terms. Just like the issue mentioned in ANCOVA and Moderation, different terms are often used for the same thing, especially when they belong … Continue reading Confused by The Confusion Matrix: What’s the difference between Hit Rate, True Positive Rate, Sensitivity, Recall and Statistical Power?
Disclaimer: I do not have any experience in using Bayesian analyses, but I have been trying to understand the fundamental concepts. If anyone more knowledgeable in this area spots any mistake, please feel free to point it out in the comments. The Bayesian approach to statistical analysis has been gaining popularity in recent years, in … Continue reading Bayesian Analysis & The Replication Crisis: A Layperson’s Perspective