mba, Advanced Statistics

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

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Exploratory data analysis, The approach to data analysis which emphasizes t...

The approach to data analysis which emphasizes the use of informal graphical procedures not based on former assumptions about structure of the data or on the formal models for the

Data screening, The initial evaluation of the set of observations to see wh...

The initial evaluation of the set of observations to see whether or not they appear to satisfy the hypotheses or assumptions of the methods to be used in their analysis. Techniques

Define least significant difference test, Least significant difference test...

Least significant difference test is an approach to comparing a set of means which controls the family wise error rate at some specific level, let's assume it to be α. The hypothe

Paired availability design, Paired availability design  is a design which c...

Paired availability design  is a design which can lessen selection bias in the situations where it is not possible to use random allocation of the subjects to treatments. The desig

NULL HYPOTHESES, Ask questT-TEST? ion #Minimum 100 words accepted#

Ask questT-TEST? ion #Minimum 100 words accepted#

Tracking, Tracking is the term sometimes used in the discussions of data f...

Tracking is the term sometimes used in the discussions of data from the longitudinal study, to describe the ability to predict the subsequent observations from previous values. In

Explain multicentre study, Multicentre study : The clinical trial conducte...

Multicentre study : The clinical trial conducted simultaneously in the number of participating hospitals, with all centres following an agreed-upon study of the protocol and with

Codominance, Codominance : The relationship between genotype at the locus a...

Codominance : The relationship between genotype at the locus and a phenotype to which it in?uences. If an individuals with heterozygote (such as, AB) genotype is phenotypically dif

Conjugate prior, Conjugate prior : The distribution for samples from the pa...

Conjugate prior : The distribution for samples from the particular probability distribution such that the posterior distribution at each stage of the sampling is of the identical f

Average age at death, Average age at death : A ?awed statistic summarizing ...

Average age at death : A ?awed statistic summarizing expectancy of the life and other aspects of the mortality. For instance, a study comparing average age at the death for male sy

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