Useful Data Analysis Methods for Lean Startups!
Social science has a wide variety of data analysis methods that can be used by startups (e.g. t-test, ANOVA, Chi-Square). This session will highlight a few of these data analysis methods, by linking them to particular types of research design and data. We are hoping to collaboratively develop a set of tools that can be used to assess the validity of different business models, by mapping business hypotheses to specific research methods and data analysis tools.
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Tendayi Viki commented
@Salim: For example, the ANOVA allows you to do more than the split-test... So you can test up four or five landing pages at one go, and be able to analyse for statistically significant differences.
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AdminSalim Virani (Admin, Leancamp) commented
Awesome idea. There are so many statistical tools we can use, and we seem on only like Split Tests in startups so far! Could you explain some of the methods you describe? t-test, ANOVA, Chi-Square. When would I need each of them?