mba, Advanced Statistics

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

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Blinding : A procedure used in clinical trials to get rid of the possible bias which might be introduced if the patient and/or the doctor knew which treatment the patient is receiv

Data squashing, An approach to decrease the size of very large data sets in...

An approach to decrease the size of very large data sets in which the data are first 'binned' and then statistics such as the mean and variance/covariance are calculated on each bi

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Mantel Haenszel  estimator is  an estimator of assumed common odds ratio in the series of two-by-two contingency tables arising from the different populations, for instance, occ

Dot plot, The more effective display than a number of other methods or tech...

The more effective display than a number of other methods or techniques, for instance, pie charts and bar charts, for displaying the quantitative data which are labeled. An instanc

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Cascadedparameters: A group of parameters which is interlinked and where selecting the value for the ?rst parameter affects the choice and option available in the subsequent param

Quantile regression, Quantile regression is an extension of the classical ...

Quantile regression is an extension of the classical least squares from estimation of the conditional mean models to the estimation of the variety of models for many conditional q

Describe law of likelihood, Law of likelihood : Within framework of the sta...

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