mba, Advanced Statistics

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

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Frequency distribution, The division of a sample of observations into sever...

The division of a sample of observations into several classes, together with the number of observations in each of them.  It acts as a useful summary of the main features of the da

Describe item-total correlation, Item-total correlation is an  extensively...

Item-total correlation is an  extensively used method for checking the homogeneity of the scale made up of number of items. It is simply the Pearson's product moment correlation c

Empirical bayes method, The procedure in which the prior distribution is re...

The procedure in which the prior distribution is required in the application of Bayesian inference, it is determined from empirical evidence, namely same data for which the posteri

Durbin watson statistic, The Null Hypothesis - H0: There is no first order ...

The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307

Double-dummy technique, It is the technique used in the clinical trials whe...

It is the technique used in the clinical trials when it is possible to make an acceptable place before an active treatment but not to make the two active treatments identical. In t

Locally weighted regression, Locally weighted regression  is the method of ...

Locally weighted regression  is the method of regression analysis in which the polynomials of degree one (linear) or two (quadratic) are used to approximate regression function in

Assignment, Different approaches to the study of early indian history

Different approaches to the study of early indian history

LASPEYERES QUANTITY INDEX, HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND T...

HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA

To create a relative frequency histogram, The total amount of protein produ...

The total amount of protein produced by a dairy cow can be estimated from periodic testing of her milk.  The following are the total annual protein production values (lb) for 28 tw

Uncertainty analysis, Uncertainty analysis is the process for assessing th...

Uncertainty analysis is the process for assessing the variability in the outcome variable that is due to the uncertainty in estimating the values of input parameters. A sensitivit

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