{"id":621,"date":"2014-10-15T04:19:51","date_gmt":"2014-10-15T04:19:51","guid":{"rendered":"http:\/\/rovdownloads.com\/blog\/?p=621"},"modified":"2014-11-21T17:23:54","modified_gmt":"2014-11-21T17:23:54","slug":"statistical-analysis-tool","status":"publish","type":"post","link":"https:\/\/rovdownloads.com\/blog\/statistical-analysis-tool\/","title":{"rendered":"Statistical Analysis Tool"},"content":{"rendered":"<p>Another very powerful tool in Risk Simulator is the Statistical Analysis tool, which determines the statistical properties of the data. The diagnostics run include checking the data for various statistical properties, from basic descriptive statistics to testing for and calibrating the stochastic properties of the data.<\/p>\n<p><strong>Procedure<\/strong><\/p>\n<ul>\n<li>Open the example model (Risk Simulator | Example Models | Statistical Analysis), go to the Data worksheet, and select the data including the variable names (Figure 1).<\/li>\n<li>Click on Risk Simulator | Tools | Statistical Analysis (Figure 1).<\/li>\n<li>Check the data type, that is, whether the data selected are from a single variable or multiple variables arranged in rows. In our example, we assume that the data areas selected are from multiple variables. Click OK when finished.<\/li>\n<li>Choose the statistical tests you wish to perform. The suggestion (and by default) is to choose all the tests. Click OK when finished (Figure 2). Spend some time going through the reports generated to get a better understanding of the statistical tests performed (sample reports are shown in Figures 3 through 6).<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-113.png\" alt=\"Untitled-1\" width=\"1498\" height=\"1261\" class=\"alignnone size-full wp-image-622\" srcset=\"https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-113.png 1498w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-113-300x252.png 300w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-113-1024x861.png 1024w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-113-210x176.png 210w\" sizes=\"auto, (max-width: 1498px) 100vw, 1498px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-29.png\" alt=\"Untitled-2\" width=\"2117\" height=\"2766\" class=\"alignnone size-full wp-image-623\" srcset=\"https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-29.png 2117w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-29-229x300.png 229w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-29-783x1024.png 783w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-29-160x210.png 160w\" sizes=\"auto, (max-width: 2117px) 100vw, 2117px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-34.png\" alt=\"Untitled-3\" width=\"1829\" height=\"2789\" class=\"alignnone size-full wp-image-624\" srcset=\"https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-34.png 1829w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-34-196x300.png 196w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-34-671x1024.png 671w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-34-137x210.png 137w\" sizes=\"auto, (max-width: 1829px) 100vw, 1829px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-42.png\" alt=\"Untitled-4\" width=\"1715\" height=\"1494\" class=\"alignnone size-full wp-image-625\" srcset=\"https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-42.png 1715w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-42-300x261.png 300w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-42-1024x892.png 1024w, https:\/\/rovdownloads.com\/blog\/wp-content\/uploads\/2014\/07\/Untitled-42-210x182.png 210w\" sizes=\"auto, (max-width: 1715px) 100vw, 1715px\" \/><\/p>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - http:\/\/www.hupso.com\/share\/ --><a class=\"hupso_toolbar\" href=\"http:\/\/www.hupso.com\/share\/\"><img decoding=\"async\" src=\"https:\/\/static.hupso.com\/share\/buttons\/share-medium.png\" style=\"border:0px; padding-top:5px; float:left;\" alt=\"Share Button\"\/><\/a><script type=\"text\/javascript\">var hupso_services_t=new Array(\"Twitter\",\"Facebook\",\"Google Plus\",\"Linkedin\");var hupso_background_t=\"#EAF4FF\";var hupso_border_t=\"#66CCFF\";var hupso_toolbar_size_t=\"medium\";var hupso_image_folder_url = \"http:\/\/rovdownloads.com\/blog\/wp-content\/plugins\/hupso-share-buttons-for-twitter-facebook-google\/img\/services\/\";var hupso_url_t=\"\";var hupso_title_t=\"Statistical Analysis Tool\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share_toolbar.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"excerpt":{"rendered":"<p>Another very powerful tool in Risk Simulator is the Statistical Analysis tool, which determines the statistical properties of the data. The diagnostics run include checking the data for various statistical &hellip; <a class=\"readmore\" href=\"https:\/\/rovdownloads.com\/blog\/statistical-analysis-tool\/\">Continue Reading &amp;rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[142,135,143],"class_list":["post-621","post","type-post","status-publish","format-standard","hentry","category-blog","tag-analysis-tool","tag-risk-simulator","tag-statistical"],"acf":[],"_links":{"self":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/comments?post=621"}],"version-history":[{"count":1,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/621\/revisions"}],"predecessor-version":[{"id":626,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/posts\/621\/revisions\/626"}],"wp:attachment":[{"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/media?parent=621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/categories?post=621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rovdownloads.com\/blog\/wp-json\/wp\/v2\/tags?post=621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}