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Clinical vs. statistical significance: The distinction among results in terms of their possible clinical importance rather than simply in terms of their statistical importance. With large samples, for instance, very small differences which have little or no clinical importance may turn out to be the statistically signi?cant products. The practical implications of any ?nding in the medical investigation should be judged on the clinical as well as the statistical grounds.
A manufacturing company has two factories F 1 and F 2 producing a certain commodity that is required at three retail outlets M 1 , M 2 and M 3 . Once produced, the commodity is
One of the most exciting areas of mathematics involves the application of statistics to real-world settings to make informed decisions. In this task you will design, implement, and
an oil company is considering whether or not to bid for an offshore drilling contract. The bid would cost $60 with a 65% chance of gaining the contract. Outcome success Probability
Cauchy integral : The integral of the function, f (x), from a to b are de?ned in terms of the sum In the statistics this leads to the below shown inequality for the expecte
The measure of the degree to which the particular model differs from the saturated model for the data set. Explicitly in terms of the likelihoods of the two models can be defined a
Pascal's triangle is an arrangement of numbers described by Pascal in his Traité du Triangle Arithmétique published in the year 1665 as 'The number in each cell is equal to in the
how to calculate the semi average method when 8 observations are given?
Weathervane plot is the graphical display of the multivariate data based on bubble plot. The latter is enhanced by the addiction of the lines whose lengths and directions code the
facts and statistics about daycare
Kurtosis: The extent to which the peak of the unimodal probability distribution or the frequency distribution departs from its shape of the normal distribution, by either being mo
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