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Time series: The values of a variable recorded, generally at a regular interval, over the long period of time.
The observed movement and fluctuations of several such series are composed of four diverse components, seasonal variation, secular trend, cyclical variation, and the irregular variation. An instance from medicine is the incidence of the disease recorded yearly over several decades. Such type of data usually needs special methods for their analysis because of presence of the serial correlation between separate observations. Most often time series are analyzed by the linear models such the classic family of the autoregressive moving average models.
But there are number of observable phenomena which cannot be accounted for adequately by the linear models and which give rise to the nonlinear time series, for which special models have been developed, for instance, autoregressive conditional heteroscedastic models.
Difference between tretment design and experimental design
The results of a survey determined whether the age of a driver 21 years and older has any effect on the number of motor vehicle accidents in which he/she is involved. Question 1:
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Calibration : A procedure which enables a series of simply obtainable but inaccurate measurements of some quantity of interest to be used to provide more precise estimates of the r
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The rapid development or growth of the disease in a community or region. Statistical thinking has made very much significant contributions to the understanding of such type of phen
how does it work exactly
The marketing manager of Handy Foods Ltd. is concerned with the sales appeal of one of the company's present label for one of its products. Market research indicates that supermark
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