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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.
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
Classification and regression tree technique (CART): The alternative to the multiple regression and associated techniques or methods for determining subsets of the explanatory va
The biggest and smallest variate values among the sample of observations. Significant in various regions, for instance flood levels of the river, speed of wind and snowfall.
The Expectation/Conditional Maximization Either algorithm which is the generalization of ECM algorithm attained by replacing some of the CM-steps of ECM which maximize the constrai
Multivariate data is the data for which each observation consists of the values for more than one random variable. For instance, measurements on the blood pressure, temperature an
Normality - Reasons for Screening Data Prior to analyzing multivariate normality, one should consider univariate normality Histogram, Normal Q-Qplot (values on x axis
The computer programs designed to mimic the role of the expert human consultant. This type of systems are capable to cope with the complex problems of the medical decision makin
calculate the mean yearly value using the average unemployment rate by month
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
Monty Hall problem : A apparently counter-intuitive problem in the probability which gets its name from the TV game show, 'Let's Make a Deal' hosted by the Monty Hall. On show a pa
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