mba, Advanced Statistics

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

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Principal components regression analysis, Principal components regression a...

Principal components regression analysis is a process often taken in use to overcome the problem of multicollinearity in the regression, when simply deleting a number of the expla

Gene environment interaction, The interplay of the genes and environment on...

The interplay of the genes and environment on, for instance, the risk of disease. The term represents the step away from the argument as to whether the nature or nurture is the pre

Persson rootze ´n estimator, Persson Rootze ´n estimator  is an estimator f...

Persson Rootze ´n estimator  is an estimator for the parameters in the normal distribution when the sample is truncated so that all the observations under some fixed value C are re

Fisher''s scoring method, This is an alternative to the Newton-Raphson tech...

This is an alternative to the Newton-Raphson technique for optimization (finding out the minimum or the maximum) of some function, which includes replacing the matrix of second der

Battery reduction, Battery reduction : A common term for reducing the numbe...

Battery reduction : A common term for reducing the number of variables of the interest in a study for the purposes of study and perhaps later data collection. For instance, an over

Cumulative frequency distribution, The tabulation of a sample of observatio...

The tabulation of a sample of observations in terms of numbers falling below particular values. The empirical equivalent of the growing probability distribution. An example of such

Completeness, Completeness : A term applied to a statistic t when there is ...

Completeness : A term applied to a statistic t when there is only one function of that the statistic which can have the given expected value. If, for instance, the one function of

Oracle property, Oracle property is a name given to techniques for estimat...

Oracle property is a name given to techniques for estimating the regression parameters in the models fitted to high-dimensional data which have the property that they can correctl

Nested design, Nested design  is the design in which levels of one or more ...

Nested design  is the design in which levels of one or more factors are subsampled within one or more other factors such that, for instance, each level of a factor B happens at onl

Path analysis, Path analysis  is  a device for evaluating the interrelat...

Path analysis  is  a device for evaluating the interrelationships among the variables by analyzing their correlational structure. The relationships between the variables are man

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