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Prior distributions: The probability distributions which summarize the information about a random variable or parameter known or supposed at a given time instant, prior to attaining further information from the empirical data. It is used almost entirely within the context of Bayesian inference. In any specific study a variety of such kind of distributions might be assumed. For instance, reference priors represent the minimal prior information; clinical priors are used to formalize the opinion of well-informed specific individuals, frequently those taking part in the trial themselves. Lastly, sceptical priors are used when the large treatment differences are considered unlikely.
Briefly explain the importance of forecasting for managers?
Explain the impact of globalisationon HRM
Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the doo
Marginal matching is the matching of the treatment groups in terms of means or other summary characteristics of matching variables. This has been shown to be almost as efficient a
Suppose the graph G is n-connected, regular of degree n, and has an even number of vertices. Prove that G has a one-factor. Petersen's 2-factor theorem (Theorem 5.40 in the note
Pattern recognition is a term for a technology that recognizes and analyses patterns automatically by machine and which has been used successfully in many areas of application inc
Barnard, George Alfred (1915^2002) : Born in Walthamstow in the east of London, Barnard achieved a scholarship to St. John's College, Cambridge, from where he graduated in the math
Jonckheere Terpstra test is the test for detecting particular types of departures from the independence in a contingency table in which both the row and column categories contain
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 o
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