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Andrews ‘Plots
A graphical display of multivariate data in which an observation, x0 = [x1, x2, . . . , xq] is represented can be represented in the form of function
A set of the multivariate observations is then displayed as the collection of these kind of plots and it can be shown that those functions which remain close together for all values of t correspond to the observations which are close to one another in the terms of their Euclidean distance. This property states that such plots can often be used to detect groups of similar observations and identify outliers in multivariate data both. The example given in the Fig drawn below consists of plots for the sample of 30 observations each of which having five variable values.
The plot signifies the presence of three groups in the data. These type of plots can cope only with a reasonable number of observations before becoming very complicated to unravel.
Pattie-Lynn's utility function for total assets is, in which A represents total assets in thousands of dollars. (a) Graph Pattie-Lynn's utility function. How would y
Related Positional Measures Besides median, there are other measures which divide a series into equal parts. Important amongst these are quartiles, deciles and percentiles.
Two students are sitting in a lecture and considering whether to ask a question from the professor (both of them are considering the same question). If they both ask, the questi
data:59,59,65,70,74 176,179,195,210,200
Other Measures of Dispersion In this section, we look at relatively less used measures of dispersion like fractiles, deciles, percentiles, quartiles, interquartile range and f
Rank Correlation Sometimes the characteristics whose possible correlation is being investigated, cannot be measured but individuals can only be ranked on the basis of the chara
Scenario: To fundraise for middle school camp the year 3 and 4 syndicate designed and produced chocolate treats to sell to the year 1 and 2, and year 5 and 6 students at morning te
Lifts usually have signs indicating their maximum capacity. Consider a sign in a lift that reads "maximum capacity 1400kg or 20 persons". Suppose that the weights of lift-users are
Type of Variable in Regression Analysis There are two types of variable in regression analysis. These are: a. Dependent variable b. Independent variable
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