mba, Advanced Statistics

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

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Glejser test, Glejser test is the test for the heteroscedasticity in the e...

Glejser test is the test for the heteroscedasticity in the error terms of the regression analysis which involves regressing the absolute values of the regression residuals for the

Tree, Tree is the term from the branch of the mathematics which known as t...

Tree is the term from the branch of the mathematics which known as the graph theory, used to describe any set of the straight-line segments joining the pairs of points in some pro

Explain lancaster models., Lancaster models : The means of representing the...

Lancaster models : The means of representing the joint distribution of the set of variables in terms of the marginal distributions, supposing all the interactions higher than a par

Buffon''s needle problem, Buffon's needle problem : A problem proposed and ...

Buffon's needle problem : A problem proposed and solved by the scientist Comte de Buffon in 1777 which includes determining the probability, p, which a needle of length l will inte

Decision Analysis, Build-Rite construction has received favorable publicity...

Build-Rite construction has received favorable publicity from guest appearances on a public TV home improvement program. Public TV programming decisions seem to be unpredictable, s

Centile reference charts, Centile reference charts : Charts which are used ...

Centile reference charts : Charts which are used inmedicine to observe the clinical measurements on individual patients in the context of the population values. If the population i

Disability adjusted life years (dalys), This is an attempt to measure the s...

This is an attempt to measure the suffering caused by the illness which takes into the account both the years of the potential life lost due to the premature mortality as well as t

Data smoothing algorithms, The procedures for extracting the pattern in a s...

The procedures for extracting the pattern in a series of observations when this is obscured by the noise. Basically any such technique or method separates the original series into

Prevented fraction, Prevented fraction is a measure which can be used to a...

Prevented fraction is a measure which can be used to attribute the protection against the disease directly to an intervention. The measure can given by the proportion of disease w

Data collection - analysis and display, One of the most exciting areas of m...

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

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