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Prospective study: The studies in which individuals are followed-up over the period of time. A general example of this type of investigation is where the samples of individuals are exposed and not exposed to the possible risk factor for a specific disease, are followed forward in time to determine what effects occur to them with respect to the illness under the investigation. At the end of the appropriate time period a comparison of the incidence of the disease between the exposed and non-exposed is made. A classic instance of such a study is that undertaken among the British doctors in the 1950s, to examine the relationship between smoking and death from the lung cancer. All the clinical trials are prospective.
The process of providing the numerical value for the population parameter on the basis of information gathered from a sample. If a single ?gure is computed for the unknown paramete
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Glejser test is the test for the heteroscedasticity in the error terms of the regression analysis which involves regressing the absolute values of the regression residuals for the
Bootstrap : The data-based simulation method/technique for the statistical inference which can be used to study the variability of the estimated characteristics of the probability
Bioassay : It is an abbreviation of biological assay, which in its classical form includes an experiment conducted on biological material to determine relative potency of test and
R-squared is regarded as the coefficient of determination and is used to give the proportion of the fluctuation of the variance of one variable to another variable. R-squared also
#explanation of methods of collection of data..
elements , importance, limitation, and theories
Omitted covariates is a term generally found in the connection with regression modelling, where the model has been incompletely specified by not including significant covariates.
Suppose that $4 million is available for investment in three projects. The probability distribution of the net present value earned from each project depends on how much is invest
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