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Confidence profile method: A Bayesian approach to meta-analysis in which the information in each piece of the evidence is captured in the likelihood function which is then used along with the assumed earlier distribution to produce the posterior distribution. The method or technique can be used where the available evidence includes a variety of experimental designs, types of outcomes and effect the measures, and uncertainty about the biases.
Briefly explain the importance of forecasting for managers?
Mean squarederror is the expected value of square of the difference between an estimator and the true value of the parameter. If the estimator is unbiased then the mean of the squ
Independent component analysis (ICA) is the technique for analyzing the complex measured quantities thought to be mixtures of other more fundamental quantities, into their fundamen
Projection pursuit is a procedure for attaning a low-dimensional (usually two-dimensional) representation of the multivariate data, which will be particularly useful in revealing
Mention the characteristics of Statistics. Explain any two applications of Statistics.
Chains of infection : The description of the course of infection among the group of individuals. The susceptibles infected by the direct contact with the introductory cases are sai
Non-randomized clinical trial is the clinical trial in which the series of consecutive patients receive a new treatment and those which respond (according to some of the pre-defin
Discuss the use of dummy variables in both multiple linear regression and non-linear regression. Give examples if possible
what is pdf,mean & variance for multimodal distribution?
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
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