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Graphical deception : Statistical graphics which are not as honest as they should be. It is relatively simple.
To mislead the unwary with the graphical material. For instance, consider the plot of the death rate per million from the breast cancer, for number of periods over the last three decades, given in the
Figure drawn below. The rate appears to show the rather alarming increase. Though, when the data are replotted with vertical scale starting from zero, as shown in the Figure drawn below, the increase in the breast cancer death rate is altogether less startling. This instance illustrates that undue exaggeration or the compression of the scales is best avoided while drawing graphs. For one more example of a common graphical distortion see lie factor.
An oil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The company
ACC – A pioneer in the Indian cement industry Associated Cement Companies Ltd. (ACC) came into existence in 1936, after the merger of 10 companies belonging to four important bus
Weathervane plot is the graphical display of the multivariate data based on bubble plot. The latter is enhanced by the addiction of the lines whose lengths and directions code the
Chance events : According to the Cicero these are events which occurred or will occur in ways which are the uncertain-events which may happen, may not happen, or may happen in some
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
Geographical information system (gis): The software and hardware configurations through which the digital georeferences are processed and displayed. Used to recognize the geograph
Quittingill effect is a problem which occurs most frequently in studies of the smoker cessation where smokers frequently quit smoking following the onset of the disease symptoms
Multimodal distribution is the probability distribution or frequency distribution with number of modes. Multimodality is frequently taken as an indication which the observed di
One of the most exciting areas of mathematics involves the application of statistics to real-world settings to make informed decisions. In this task you will design, implement, and
Mann Whitney test is a distribution free test which is used as an alternative to the Student's t-test for assessing that whether the two populations have the same median. The test
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