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Cauchy distribution: The probability distribution, f (x), can be given as follows where α is the position of the parameter (median) and the beta β a scale parameter. Moments and cumulates of distribution do not exist and prevail. The distribution is the unimodal and symmetric is about α with much heavier tails than the normal distribution shown in the figure. The upper and lower quartiles of the distribution are α ± β. Named after the scientist Augustin-Louis Cauchy.
Ask quesoil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The com
The Null Hypothesis - H0: γ 1 = γ 2 = ... = 0 i.e. there is no heteroscedasticity in the model The Alternative Hypothesis - H1: at least one of the γ i 's are not equal
The theorem relating structure of the likelihood to the concept of the sufficient statistic. Officially the necessary and sufficient condition which a statistic S be sufficient for
wat iz z difference b/n logistic regression and multiple regression analysis /
Coincidences : Astonishing concurrence of the events, perceived as meaningfully related, with no apparent causal connection. Such type of events abounds in everyday life and is oft
Continual reassessment method: An approach which applies Bayesian inference for determining the maximum tolerated dose in a phase I trial. The method starts by assuming a logistic
Lattice distribution : A class of probability distributions to which most of the distributions for discrete random variables used in statistics belongs. In such type of distributio
the problem that demonstrates inference from two dependent samples uses hypothetical data from TB vaccinations and the number of new cases before and after vaccinations for cases o
The problematic and enigmatic theory of an inference introduced by the Fisher, which extracts a probability distribution for the parameter on the basis of the data without having f
Information theory: This is the branch of applied probability theory applicable to various communication and signal processing problems in the field of engineering and biology. In
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