mba, Advanced Statistics

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

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Explain maternal mortality, Maternal mortality : The maternal death is the ...

Maternal mortality : The maternal death is the death of a woman while pregnant, delivering a baby or within 42 days of the termination of pregnancy, from any reason related to or a

Ecological fallacy, The term used when the aggregated data (for instance, a...

The term used when the aggregated data (for instance, aggregated over different areas) are analysed and the results supposed to apply to the relationships at the individual level.

Tests for heteroscedasticity, The Null Hypothesis - H0: There is no heteros...

The Null Hypothesis - H0: There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1:  There is heteroscedasticity i.e. β 1 0 Reject H0 if nR2 > MTB >

Explain normal approximation, Normal approximation : Normal distributions w...

Normal approximation : Normal distributions which approximate other distributions; such as, a normal distribution with the mean np and variance np(1 - p) which acts as an approxima

Definition, what is operational gaining

what is operational gaining

Behrens fisher problem, Behrens Fisher problem : The difficulty of testing ...

Behrens Fisher problem : The difficulty of testing for the equality of the means of the two normal distributions which do not have the equal variance. Various test statistics have

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

Half-normal plot, Half-normal plot is a  plot for diagnosing the model inad...

Half-normal plot is a  plot for diagnosing the model inadequacy or revealing the presence of outliers, in which the absolute values of, for instance, the residuals from the multipl

Clinical trials, Clinical trials : Medical experiments designed to assess w...

Clinical trials : Medical experiments designed to assess which of two or more treatments is much more effective. It is based on one of the oldest philosophy of the scienti?c resear

Describe meta-analysis, Meta-analysis is the collection of techniques wher...

Meta-analysis is the collection of techniques whereby the results of two or more independent studies are statistically combined to yield the overall answer to a question of intere

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