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The method or technique for displaying the relationships between categorical variables in a type of the scatter plot diagram. For two this type of variables displayed in the form of the contingency table, for instance, a set of coordinate values representing the row and column categories are resultant. A less number of these obtained coordinate values are then used to permit the table to be shown graphically. In the resulting diagram the Euclidean distances estimated chi-squared distances between the row and column categories. The coordinates are analogous to those resulting from the principal components analysis of continuous variables, except that they involve a partition of a chi-squared statistic rather than the entire variance. Such type of analysis of the contingency table permits a visual examination of any structure or the pattern in the data, and many times acts as a useful supplement to more formal inferential analyses. The Figure arises from applying the technique to the below drawn table.
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
methods of measuring trend
Percentile : The set or group of divisions which produce exactly 100 equal parts in the series of continuous values, like blood pressure, height, weight, etc. Hence a person with b
Particlefilters is a simulation method for tracking moving target distributions and for reducing computational burden of the dynamic Bayesian analysis. The method uses a Markov ch
The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307
Indirect standardization is the procedure of adjusting the crude mortality or morbidity rate for one or more variables by making use of a known reference population. It may, for in
Battery reduction : A common term for reducing the number of variables of the interest in a study for the purposes of study and perhaps later data collection. For instance, an over
Formal graphical representation of the "causal diagrams" or the "path diagrams" where the relationships are directed but acyclic (that is no feedback relations allowed). Plays an
The graphical method for studying the behavior of the seasonal time series. In such a plot, the January values of seasonal component are graphed for the upcoming years, then the
The graphic representation of the alternatives in a decision making problem which summarizes all the possibilities foreseen by the decision maker. For instance, suppose we are give
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