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Cluster analysis: A set of methods or techniques for constructing a sensible and informative classi?cation of an initially unclassi?ed set of data, using variable values observed on each individual. Essentially all such methods or techniques try to imitate what the eye-brain system does so well in the two dimensions; in the scatter plot shown in the figure given above36, for instance, it is very easy to detect the presence of three clusters without making the the meaning of the term ' cluster' explicit.
Non linear model : A model which is non-linear in the parameters, for instance are Some such type of models can be converted into the linear models by linearization (the s
Suppose that $4 million is available for investment in three projects. The probability distribution of the net present value earned from each project depends on how much is invest
A vague concept which occurs all through statistics. Essentially the term means the number of independent units of the information in an easy relevant to the estimation of the para
The Null Hypothesis - H0: There is autocorrelation The Alternative Hypothesis - H1: There is no autocorrelation Rejection Criteria: Reject H0 (n-s)R 2 > = (1515 - 4) x (0.
Nested design is the design in which levels of one or more factors are subsampled within one or more other factors such that, for instance, each level of a factor B happens at onl
Missing Data - Reasons for screening data In case of any missing data, the researcher needs to conduct tests to ascertain that the pattern of these missing cases is random.
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
Population pyramid : The diagram designed to show the comparison of the human population by sex and age at a given instant time, consisting of a pair of the histograms, one for eve
can you help specify the model for an event study and to interpret the results/
Blinding : A procedure used in clinical trials to get rid of the possible bias which might be introduced if the patient and/or the doctor knew which treatment the patient is receiv
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