I'm trying to understand a statistical concept called the U-value. I've heard it's related to some sort of ranking or non-parametric test, but I'm not quite sure how it works or what it represents. Can someone explain?
7 answers
BitcoinBaroness
Thu Oct 17 2024
The concept of stochastic dominance can be applied to assess the relative performance of two samples.
GyeongjuGloryDays
Thu Oct 17 2024
The U-value serves as a quantitative measure of this dominance, indicating the frequency with which observations from one group exceed those from another.
SejongWisdomKeeper
Wed Oct 16 2024
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mia_rose_painter
Wed Oct 16 2024
This approach is rooted in probability theory, which considers the likelihood of one sample producing higher values compared to the other.
Caterina
Wed Oct 16 2024
Stochastic dominance analysis provides a statistical framework for evaluating the superiority of one sample over another in terms of their observed values.