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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
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
distinguish the historigram and histogram
The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307
Law of likelihood : Within framework of the statistical model, a particular set of data supports one statistical hypothesis or assumption better than another if the likelihood of t
Collective risk models : The models applied to insurance portfolios which do not create direct reference to the risk characteristics of individual members of the portfolio when des
Coincidences : Astonishing concurrence of the events, perceived as meaningfully related, with no apparent causal connection. Such type of events abounds in everyday life and is oft
Multivariate analysis of variance is the procedure for testing equality of the mean vectors of more than two populations for the multivariate response variable. The method is dire
Briefly explain the importance of forecasting for managers?
how to describe association between quantitative and categorical variables
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