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A radically different approach of dealing with the uncertainty than the traditional probabilistic and the statistical methods. The necessary feature of the fuzzy set is a membership function which assigns the grade of membership between 0 and 1 to each and every member of the set.
Mathematically the membership function of a fuzzy set A is a mapping from a space χ to unit interval As the memberships take their values in the unit interval, it is appealing to think of them as probabilities; though, memberships do not follow the laws of probability and it is possible to permit an object to simultaneously hold the nonzero degrees of membership in sets traditionally considered to be mutually exclusive.
The methods which are derived from the theory have been proposed as an alternatives to traditional statistical methods in areas like quality linear regression, control and forecasting, though they have not met with the universal acceptance and a number of statisticians have commented that they could not found any solution using such an approach which could not have been achieved as least as effectively using the probability and statistics.
The Null Hypothesis - H0: β 1 = 0 i.e. there is homoscedasticity errors and no heteroscedasticity exists The Alternative Hypothesis - H1: β 1 ≠ 0 i.e. there is no homoscedasti
a shop is selling laptops at regular price and at half price.If the laptops are regular price a day they will be at regular price tha day after with proba 2/3, if the laptops are a
Mention the characteristics of Statistics. Explain any two applications of Statistics.
stationary time series
Martingale: In the gambling context the term at first referred to a system for recouping losses by doubling the stake after each loss has occured. The modern mathematical concept
A subject who withdraws from the study for whatever reason, adverse side effects, noncompliance, moving away from the district, etc. In number of cases the reason may not be known.
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
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Length-biased data is a data which arise when the probability that an item is sampled is proportional to its own length. A main example of this situation occurs in the renewal the
A radically different approach of dealing with the uncertainty than the traditional probabilistic and the statistical methods. The necessary feature of the fuzzy set is a membershi
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