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Admissibility
A very common concept which is applicable to any procedure of the statistical inference. The underlying notion is that the procedure/method is admissible if and only if there does not exist within that particular class of the procedures another one which performs uniformly at least as well as the procedure in question and performs much better than it in at least one case. Here 'uniformly' means for all values of the parameters which decide the probability distribution of the random variables under the investigation.
In a management class of 100 childerns' 3 languages are offered as an additional subject viz. Hindi, English and Kannada. There are 28 childrens taking Hindi, 26 taking Hindi and 1
how to compute reliability coefficient for extracted factors in factor analysis?
In a three-cornered paint ball duel, A, B, and C successively take shots at each other until only one of them remains paint free. Once hit, a player is out of the game and gets no
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Flow Chart for Confidence Interval We can now prepare a flow chart for estimating a confidence interval for μ, the population parameter. Figure
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First Moment of Dispersion or Mean Deviation Mean deviation or the average deviation is the measure if dispersion which is based upon all the items in a variable .It is the a
Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in
Grouped Data For calculating mode from a frequency distribution, the following formula Mode = L mo + x W where,
Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to
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