mba, Advanced Statistics

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

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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

Expected frequencies, A term commonly encountered in the analysis of the co...

A term commonly encountered in the analysis of the contingency tables. Such type of frequencies are the estimates of the values to be expected under hypothesis of interest. In a tw

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Greenhouse geissercorrection is the method of adjusting the degrees of freedom of the within- subject F-tests in the analysis of the variance of longitudinal data so as to allow t

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an oil company is considering whether or not to bid for an offshore drilling contract. The bid would cost $60 with a 65% chance of gaining the contract. Outcome success Probability

Hirap, #q A paper mill products two grade of paper viz., X & Y. Because of ...

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Regression diagnostics, Regression diagnostics is the process designed to...

Regression diagnostics is the process designed to investigate the suppositions underlying particular forms of regression examination, for instance, homogeneity of variance, norma

Variance inflation factor, VIF is the abbreviation of variance inflation fa...

VIF is the abbreviation of variance inflation factor which is a measure of the amount of multicollinearity that exists in a set of multiple regression variables. *The VIF value

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Outliers - Reasons for Screening Data Outliers are due to data entry errors, subject is not a member of the population that the sample is trying to represent, or the subject i

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Missing Data - Reasons for screening data In case of any missing data, the researcher needs to conduct tests to ascertain that the pattern of these missing cases is random.

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