mba, Advanced Statistics

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Mention the characteristics of Statistics. Explain any two applications of Statistics.

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Control group, In the experimental studies, the collection of individuals t...

In the experimental studies, the collection of individuals to which the experimental process of interest is not applied. In the observational studies, most often used for a collect

Cure models, Models for the analysis of the survival times, or the time to ...

Models for the analysis of the survival times, or the time to event, data in which it is expected that a fraction of the subjects will not experience the event of interest. In a cl

Define kalman filter, Kalman filter : A recursive procedure which gives an ...

Kalman filter : A recursive procedure which gives an estimate of the signal when only the 'noisy signal' can be observed. The estimate is efficiently constructed by putting the exp

Define Geo statistics, Geo statistics: The body of methods useful for unde...

Geo statistics: The body of methods useful for understanding and modelling spatial variability in a course of interest. Central to these techniques is the idea that measurements t

Hill-climbing algorithm, Hill-climbing algorithm is  an algorithm which is ...

Hill-climbing algorithm is  an algorithm which is made in use in those techniques of cluster analysis which seek to find the partition of n individuals into g clusters by optimizin

Raking adjustments, Raking adjustments  is an alternative to the post strat...

Raking adjustments  is an alternative to the post stratification adjustments in the complex surveys which ensures that the adjusted weights of the respondents conform to each of th

Conjoint analysis, Conjoint analysis : The method used basically in market ...

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

Describe hurdle model, Hurdle Model:  The model for count data which postul...

Hurdle Model:  The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina

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

Disclosure risk, The risk of being able to recognize the respondent's confi...

The risk of being able to recognize the respondent's confidential information in the data set. Number of approaches has been proposed to measure the disclosure risk some of which c

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