I am a Social Psychologist currently teaching at Union College. I will be uploading a series of statistics help videos using Excel, SPSS, JAMOVI, JMP, and R. I hope you enjoy them and please let me know if there is a video you would like to see! My channel will soon be featuring backpacking, woodworking, investing, and other DIY activity.
Thank you very much for a well presented video Dr, I have a question. If I have 4 dependent variables and 1 independent variables, do I present them exactly as you have presented them(making inter correlations for all of them or can I present the independent variable on top alone?)
I would suggest doing correlations between all of them. Yes, as you’re mentioning, you mostly only care about how the predictor(s) relate to the outcome(s), but seeing all of the intercorrelations might be beneficial to someone without taking up much more space/time. I will say there are times that I’ll opt toward just having a column or row for each predictor and only report their effects on the outcomes. But I’d say this is rare and usually only if I’m up against a word/page limit.
Thanks! Could you please tell me how to duplicate analyses in Jamovi by changing the filters? For instance, say I want to run some descriptive statistics for boys first and then run the same analysis on girls. If I change the filters it alters both of my analyses to reflect my change in filter.
So sorry for my delay in responding! I had a conference that I went to. I’m not quite sure that I fully understand your question. If you’re interested in running the analyses with boys and then running the analyses with girls, then the analyses would change like you’re discussing. But I think it’s giving you what you want, correct? Unless I’m misunderstanding something. Also, if you just need descriptive statistics on them, you could just split by gender and you wouldn’t have to filter them.
Thanks for your question! Sorry I’m so late responding! So the standard errors are the normal standard error. I just had to use “custom” to allow me to type in the actual standard error. Unless you have full data in excel (which you certainly could do), clicking the “standard error” option in excel won’t give you the real standard error because it doesn’t have the data. All you copied in is the mean so it has nothing to base the se off of. Unless you were to copy the full data into excel, you’d have to make the error bars this way.
Thank you so much! And I’m sorry it took so long for me to reply. I missed the notification of your comment. I can absolutely do that! You could start for now by checking out the factorial anova table video I have. That’ll give you a great start if you’re in need quickly!
Great perspective. Add more money on red days. I have a rule of throwing some cad when I see red days and it was worked out great so far in my journey. I am required to check markets everyday as part of my job.
I want to analyse the correlation between the scores assigned by the participants on two different occasions (test-restest). Is this possible with the above test.
Hey Nidhi, thanks for reaching out! Yes, test retest reliability is the exact same process. You’d just put time 1 in as one variable and time 2 in as the second variable. Note. This is only if your data is in “wide form” - meaning each row in your data file corresponds to one participant and no participants have multiple rows. If your data is in long form, you’d need to convert it to wide form or run as slightly different test. If you don’t know whether your data is long or wide, it’s probably wide.
Great comment! No, it’s not a problem at all. When we publish research, we can choose whether we provide a middle initial or not. And sometimes they’ll have 2 middle initials.
Thank you very much this is exactly what I was looking for! I calculated two Ancovas with two orthogonal contrasts. How would you include the covariate and the contrast in the table? Thank you very much!
Hey Laura, thanks for reaching out! Honestly, it depends on what the purpose of the covariate is. If you’re solely controlling for it, then I’d just write that in the note of the table probably. However, if you’re actually looking at the main effect of the covariate and the interactions with the categorical variables, I would probably make a different style table. Message me your email address and I can send you an example.
Hey Lexie, I’d love to help. To start, I’d be remiss to not suggest a more simple study design. 20 variables is quite a lot for one study and it opens the door for type 1 errors. You could potentially reduce this by adjusting your alpha level from .05 to .001 but you’d need a fair number of participants. To the correlation table, it depends a bit. One way is to just do landscape and decrease the font size a bit. Beyond that, Are there a couple of variables that you’re interested in in particular and how they relate to the others? I’ve done correlation tables with 20 rows but then only a few columns showing the relations between my 5 important predictors and the 15 outcomes (or something similar) then noted that I could provide the full table as supplementary material or upon request. This works pretty well! Let me know if either of these doesn’t work for you!
In my main Roth IRA I almost exclusively trade VTI. I do have a swing trading account, though, that I do individual stocks with. For 95% of people, I think ETFs are the way to go. Put it in month after month and retire happy. Once you learn more maybe go with individual stocks.
So it doesn’t **really** matter in my experience. Personally I don’t love how thin anything below 1/8” shock cord is. For some things it’s great, but 1/8” is about as small in diameter as I’d go for cinching up a quilt. It’s also pretty cheap. You can get huge spools of it on Amazon for like $30. Let me know if you have any other questions!! When you get your quilt, if you decide you want thinner, it’s an easy swap too!
Love the video and your strategy. Couple of questions. How are you certain your target profit is realistic. It seems you are increasing the target profit amount to reach your desired 1.5 ratio. Are you taking into consideration other factors like previous levels of support/resistance to make sure that profit target is feasible? Do you take partial profits or wait until all shares reach your target profit? Do you move up your stop loss as the stock price increases? Would be curious to know how you lock in profits. Keep up the great work!
Hey Jared, this is a fantastic question and so sorry I took a bit to respond. You're correct that I do increase the target profit to reach my desired ratio after picking my stop loss. In that regard, it is semi-arbitrary how I pick this. However, what I do to validate it is look back at the recent swing highs as well as looking at analyst price targets, check the news, etc., and then I think, "is it actually realistic that the stock would get back up to this point?" If the answer is, "Yes!" that's when I buy. If the answer is "no" or "maybe" then I stay away. This is a fantastic question, though!
@@AllDaywithDrODea thank you for the reply. That answers my question. Do you ever take partial profits along the way? For instance, do you sell some shares once the stock goes up to a certain percentage or do you let the whole position size ride until it hits your profit target?
Not at the current moment. I mean I don't always let stocks stop out and sometimes I exit the trade early if they break specific points of interest or if they bounce off of support/resistance that I am watching carefully. So I suppose on one hand, I do sometimes take profits or limit losses in that way.
