mba, Advanced Statistics

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

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Wilcoxon''s ranksum test, Wilcoxon's ranksum test is the distribution free...

Wilcoxon's ranksum test is the distribution free method or technique used as an alternative to the Student's t-test for assessing whether two populations have the same location. G

Network sampling, Network sampling is a sampling design in which the simpl...

Network sampling is a sampling design in which the simple random sample or strati?ed sample of the sampling units is made and all observational units which are linked to any of th

Public network, This is given by common network e.g. Phone Company. The pub...

This is given by common network e.g. Phone Company. The public networks are those networks, which are given by common carriers. It can be a telephone company or an other organizati

Describe prior distribution, Prior distributions : The probability distribu...

Prior distributions : The probability distributions which summarize the information about a random variable or parameter known or supposed at a given time instant, prior to attaini

Higher criticism, Higher criticism is a multiple-comparison test concept a...

Higher criticism is a multiple-comparison test concept arising from the situation where there are number of independent tests of significance and interest lies in the rejecting jo

Infant mortality rate, Infant mortality rate is the ratio of the number of...

Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul

Chapter 7&8, Chapter 7 2. Describe the distribution of sample means (shape...

Chapter 7 2. Describe the distribution of sample means (shape, expected value, and standard error) for samples of n =36 selected from a population with a mean of µ = 100 and a sta

Two-phase sampling, Two-phase sampling is the sampling scheme including tw...

Two-phase sampling is the sampling scheme including two distinct phases, in the first of which the information about the particular variables of interest is collected on all the m

Probability., 5. Packages from a machine a normally distributed with a mean...

5. Packages from a machine a normally distributed with a mean 200g and its standard deviation 2grams. Find the probability that a package from the machine weighs a) Less than

Explain kolmogorov smirnov two-sample method, Kolmogorov Smirnov two-sample...

Kolmogorov Smirnov two-sample method is a distribution free technique which tests for any difference between the two populations probability distributions. The test is relied on t

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