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It is the diagram used to display the values graphically in a frequency distribution.
The frequencies are graphed as an ordinate against the class mid-points as abscissae. The points are then connected by a series of straight lines. It is specifically useful in displaying a number of frequency distributions on the same diagram. An example is given.
calculate the mean yearly value using the average unemployment rate by month
Ordination is the procedure of reducing the dimensionality (that is the number of variables) of multivariate data by deriving the small number of new variables which contain much
Occam's razor is an early statement of the parsimony principle, which was given by William of Occam (1280-1349) namely 'entia non sunt multiplicanda praeter necessitatem'; which m
3. a. A researcher in Hong Kong computes the correlation between the percentage of employee turnover and the local unemployment rate (also expressed as a percentage) over a 20-mont
Confidence interval : A range of the values, calculated from the sample observations which is believed, with the particular probability, to posses the true parameter value. A 95% c
Bartlett decomposition : The expression for the random matrix A which has a Wishart distribution as the product of the triangular matrix and the transpose of it. Letting each of x
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
Collective risk models : The models applied to insurance portfolios which do not create direct reference to the risk characteristics of individual members of the portfolio when des
Change point problems : Problems with chronologically ordered data collected over the period during which there is known to have been a change in the underlying data generation cou
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
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