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Choosing Statistical Methods for Analysis

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Statistics & Probability
Asked at 7 companies7Hypothesis TestingConfidence IntervalsStatistical SignificanceCorrelationRegression
Asked 4w ago|McKinsey &
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US Marine CorpsCDMcKinsey &AC

Problem

Scenario

You are asked how you approach data analysis when the method is not predetermined. The work may involve observational data, experiments, and business outcomes with possible confounding or selection effects.

Question

What statistical methods do you prefer for data analysis, and why?

Problem

Scenario

You are asked how you approach data analysis when the method is not predetermined. The work may involve observational data, experiments, and business outcomes with possible confounding or selection effects.

Question

What statistical methods do you prefer for data analysis, and why?

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