Graduation, Advanced Statistics

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Graduation is the term is employed most often in the application of the actuarial statistics to denote procedures by which the set or group of observed probabilities is adjusted to give a appropriate basis for the inferences and the further practical calculations to be done.


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Factorization theorem, The theorem relating structure of the likelihood to ...

The theorem relating structure of the likelihood to the concept of the sufficient statistic. Officially the necessary and sufficient condition which a statistic S be sufficient for

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The scatter plot of SRES1 versus totexp demonstrates that there is non-linear relationship that exists as most of the points are below and above zero. The scatter plot show that th

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Mosaic displays  is the graphical display of the standardized residuals from the fitting a log-linear model to a contingency table in which the colour and outline of the mosaic's '

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can you help specify the model for an event study and to interpret the results/

Describe monty hall problem, Monty Hall problem : A apparently counter-intu...

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Last observation carried forward, Last observation carried forward is a te...

Last observation carried forward is a technique for replacing the observations of the patients who drop out of the clinical trial carried out over a time period. It consists of su

Cross-sectional study, A study not involving the passing of time. All infor...

A study not involving the passing of time. All information is collected at the same time and subjects are contacted only once. Many surveys are of this type. The temporal sequence

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