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Chi-squared distribution: It is the probability distribution, f (x), of the random variable de?ned as the sum of squares of the number (v) of independent standard normal variables and given as follows
The shape parameter, v, is generally known as the degrees of freedom of the distribution. This distribution occurs in number of areas of the statistics, for instance, assessing the goodness-of-?t of models, specifically those ?tted to contingency tables. The mean of distribution is v and its variance is 2v.
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 term used for the estimation of the misclassification rate in the discriminant analysis. Number of techniques has been proposed for two-group situation, but the multiple-group
You may have the opportunity to buy some electronic components. These components may be reliable (1) or unreliable (2). The potential pro?ts are £10,000 if the components are rel
Multimodal distribution is the probability distribution or frequency distribution with number of modes. Multimodality is frequently taken as an indication which the observed di
Quasi-experiment is a term taken in use for studies which resemble experiments but are weak on some of the characteristics, particularly that allocation of the subjects to groups
Graduation is the term is employed most often in the application of the actuarial statistics to denote procedures by which the set or group of observed probabilities is adjusted t
Institutional surveys are the surveys in which the primary sampling units are the institutions, for instance, hospitals. Within each of the sampled institution, a sample of the pa
The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307
seven questions
stationary time series
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