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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.
The nonparametric Bayesian inference approach to using the finite mixture distributions for modelling data suspected of the containing distinct groups of observations; this approac
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
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
Records on the computer manufacturing process at Pratt-Zungia Limited show that the percentage of defective computers sent to customers has been 5% over the last few years. Shipme
Per-experiment error rate is the possibility of the incorrectly rejecting at least one null hypothesis or assumption in the experiment including one or more tests or comparisons,
Conjoint analysis : The method used basically in market research which is similar in many respects to the various dimensional scaling. The method attempts to assign values to the l
This term sometimes used to describe the extra factor in variance of the sample mean when n sample values are drawn without the replacement from the finite population of size N. Th
It is the art of attempting to exchange something quite small and certain, for something which are large and uncertain. Gambling is big business; in the US, for instance, it is at
Standardise the following arguments, which involve counter-arguments Some educators have argued that the increasing use of the internet by children and teenagers will have a be
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
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