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Least significant difference test is an approach to comparing a set of means which controls the family wise error rate at some specific level, let's assume it to be α. The hypothesis or assumption of the equality of the means is tested first by the α-level F-test. If this test is not essential, then the process terminates without making the detailed inferences on pairwise differences; otherwise each pairwise difference is tested by the α-level, Student's.
Relative poverty statistics is the statistics on the properties of populations falling below given fractions of average income which play a central role in debate of poverty. The
Prevalence : The measure of the number of people in a population who have a certain disease at a given point in time. It c an be measured by two methods, as point prevalence and p
Multidimensional scaling (MDS) is a generic term for a class of techniques or methods which attempt to construct a low-dimensional geometrical representation of the proximity matr
Hypothesis testing is a general term for procedure of assessing whether the sample data is consistent or otherwise with statements made about the population. It basically tells u
This is an alternative to the Newton-Raphson technique for optimization (finding out the minimum or the maximum) of some function, which includes replacing the matrix of second der
Procrustes analysis is a technique of comparing the alternative geometrical representations of a group of multivariate data or of the proximity matrix, for instance, two competing
Kurtosis: The extent to which the peak of the unimodal probability distribution or the frequency distribution departs from its shape of the normal distribution, by either being mo
The non-trivial extraction of implicit, earlier unknown and potentially useful information from data, specifically high-dimensional data, using pattern recognition, artificial inte
How has quantitative analysis changed the current scenario in the management world today?
a psychic claims to be able to "feel colors" there are three pieces of colored paper(red, blue,green) he will place his hand on radomly selected pieces while blindfolded. you perfo
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