mba, Advanced Statistics

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

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Protocol, Protocol is the formal document outlining the proposed process f...

Protocol is the formal document outlining the proposed process for carrying out the clinical trial. The basic features of the document are to study the objectives, patient selecti

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

Mosaic displays, Mosaic displays  is the graphical display of the standardi...

Mosaic displays  is the graphical display of the standardized residuals from the fitting a log-linear model to a contingency table in which the colour and outline of the mosaic's '

Ecological fallacy, The term used when the aggregated data (for instance, a...

The term used when the aggregated data (for instance, aggregated over different areas) are analysed and the results supposed to apply to the relationships at the individual level.

Decision theory, A unified approach to all problems of prediction, estimati...

A unified approach to all problems of prediction, estimation, and hypothesis testing. It is based on concept of the decision function, which tells the performer of experiment how t

Chain-binomial models, Chain-binomial models : Models arising in mathematic...

Chain-binomial models : Models arising in mathematical theory of the quite infectious diseases, which postulate that at any stage in the epidemic there are a certain number of the

Confounding, Confounding:  A procedure observed in some factorial designs ...

Confounding:  A procedure observed in some factorial designs in which it is impossible to differentiate between some main effects or interactions, on the basis of the particular d

Categorical variable, Categorical variable : A variable which provides the ...

Categorical variable : A variable which provides the appropriate label of observation after the allocation to one of the several possible categories, for instance, the respiratory

Explain prevalence, Prevalence : The measure of the number of people in a p...

Prevalence : The measure of the number of people in a population who have a certain disease at a given point in time. It c an be measured by two methods, as point prevalence and p

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