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Cartogram or Mapograph:
Statistical maps are also used to represent data like density of population indifferent states in the country or different countries in the world or the distribution of rainfall etc. They are usually used to depict the quantitative facts on regional or geographical basis. Cartograms are simple and elementary forms of visual presentation and are very easy to understand. While highlighting the regional or geographical comparisons, comparisons, mapographs or cartograms are generally used.
Cause and Effect Even a highly significant correlation does not necessarily mean that a cause and effect relationship exists between the two variables. Thus, correlation does
Explanation of descriptive statistics Describe what these descriptive statistics show or what recommendations you would create to AIU. What information do you now have as a re
Consider the following new business venture. An agent is considering investment in one of three real estate parcels: • Option 1: multiunit rentals • Option 2: commercial building
Consider the following linear regression model: a) What does y and x 1 , x 2 , . . . . x k represent? b) What does β o , β 1 , β 2 , . . . . β k represent?
Exercise: (Binomial and Continuous Model.) Consider a binomial model of a risky asset with the parameters r = 0:06, u = 0:059, d = 0:0562, S0 = 100, T = 1, 4t = 1=12. Note that u
what is the aim of statistics?
Application of the chi Square Test
If the economy does well, the investor's wealth is 2 and if the economy does poorly the investor's wealth is 1. Both outcomes are equally likely. The investor is offered to invest
Measurement of trend , least square method
how to get statistical quality control assignment in brief?
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