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Probability distribution: For the discrete random variable, a mathematical formula which provides the probability of each value of variable. See, for instance, binomial distribution and Poisson distribution. For the continuous random variable, a curve described by the mathematical formula which specifies, by way of area under the curve, the probability which the variable falls within the particular interval. Examples comprise the normal distribution and the exponential distribution. In both the cases the term probability density might also be used. (A distinction is sometimes made among 'density' and 'distribution', when the latter is reserved for probability that the random variable comes below some value. In this dictionary, though, the latter will be termed the cumulative probability distribution and the probability distribution and probability density both are used synonymously.
Briefly explain the importance of forecasting for managers?
elements , importance, limitation, and theories
The number of employees absent from work at a large electronics manufacturing plant over aperiod of 106 days is given in the table below. 146 141 139 140 145 141 142 131 142 140
The technique of sampling used in the ecology for determining how much plants or animals are in a given fixed region. A set of randomly placed lines or points is recognized and the
Models for the analysis of the survival times, or the time to event, data in which it is expected that a fraction of the subjects will not experience the event of interest. In a cl
Minimization is the method or technique for allocating patients to the treatments in clinical trials which is usually the acceptable alternative to random allocation. The procedur
1. define statistical algorithms 2. write the flow charts for statistical algorithms for sums, squares and products. 3. write flow charts for statistical algorithms to generates ra
Link functions: The link function relates the linear predictor ηi to the expected value of the data. In classical linear models the mean and the linear predictor are identical
Latin square is an experimental design targeted at removing from the experimental error the variation from two extraneous sources so that a more sensitive test of the treatment ef
Mendelian randomization is the term applied to the random assortment of alleles at the time of gamete formation, a process which results in the population distributions of genetic
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