mba, Advanced Statistics

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

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Bayesian inference, Bayesian inference : An approach to the inference based...

Bayesian inference : An approach to the inference based largely on Bayes' Theorem and comprising of the below stated principal steps: (1) Obtain the likelihood, f x q describing

Institutional surveys, Institutional surveys are the surveys in which the ...

Institutional surveys are the surveys in which the primary sampling units are the institutions, for instance, hospitals. Within each of the sampled institution, a sample of the pa

Best subsets regression, In the time series plot and scatter graphs there w...

In the time series plot and scatter graphs there were many outliers that were clearly visible. These have been removed to identify if they were influential or had high leverage and

Mean-range plot, Mean-range plot   is the graphical tool or device usefu...

Mean-range plot   is the graphical tool or device useful in selecting a transformation in the time series analysis. The range is plotted against the mean for each of the seasona

Explain human height growth curves, Human height growth curves : The growth...

Human height growth curves : The growth of human height is, in common, remarkably regular, apart from the pubertal growth spurt. The satisfactory longitudinal development curve is

Cross-sectional study, A study not involving the passing of time. All infor...

A study not involving the passing of time. All information is collected at the same time and subjects are contacted only once. Many surveys are of this type. The temporal sequence

Profile plots, Profile plots  is a technique of representing the multivaria...

Profile plots  is a technique of representing the multivariate data graphically. Each of the observation is represented by a diagram comprising of a sequence of equispaced vertical

Statistcal computing flow charts for sums, 1. define statistical algorithms...

1. define statistical algorithms 2. write the flow charts for statistical algorithms for sums, squares and products. 3. write flow charts for statistical algorithms to generates ra

Ordination, Ordination is the procedure of reducing the dimensionality (th...

Ordination is the procedure of reducing the dimensionality (that is the number of variables) of multivariate data by deriving the small number of new variables which contain much

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