mba, Advanced Statistics

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

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Machine learning, Machine learning  is a term which literally means the ab...

Machine learning  is a term which literally means the ability of a machine to recognize patterns which have occurred repetitively and to improve its performance based on the past

Describe respondent-driven sampling (rds), Respondent-driven sampling (RDS ...

Respondent-driven sampling (RDS ): The form of snowball sampling which starts with the recruitment of the small number of people in the target population to serve as the seeds. Aft

Quittingill effect, Quittingill effect is a  problem which occurs most fre...

Quittingill effect is a  problem which occurs most frequently in studies of the smoker cessation where smokers frequently quit smoking following the onset of the disease symptoms

Data theory, Data theory is anxious with how observations are transformed i...

Data theory is anxious with how observations are transformed into data which can be analyzed. Data are thus viewed as the theory laden in the sense that the observations can be giv

Obuchowski and rockette method, Obuchowski and Rockette method  is an alter...

Obuchowski and Rockette method  is an alternative to the Dorfman-Berbaum-Metz technique for analyzing multiple reader receiver operating curve data. Instead of the modelling the ja

Explain regression through the origin, Regression through the origin : In s...

Regression through the origin : In some of the situations a relationship between the two variables estimated by the regression analysis is expected to pass by the origin because th

Chebyshev''s inequality, Chebyshev's inequality: A statement about the pro...

Chebyshev's inequality: A statement about the proportion of the observations which fall within some number of the standard deviations of the mean for any of the probability distri

Define hazard function, Hazard function : The risk which an individual expe...

Hazard function : The risk which an individual experiences an event in a small time interval, given that the individual has survived up to the starting of the interval. It is th

Factorial moment generating function, The function of a variable t which, w...

The function of a variable t which, when extended formally as a power series in t, yields factorial moments as the coefficients of the respective powers. If the P(t) is probability

Explain initial data analysis (ida), Initial data analysis (IDA): The firs...

Initial data analysis (IDA): The first phase in the examination of the data set which comprises  number of informal steps including the following steps * checking the quality o

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