mba, Advanced Statistics

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

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Explain response surface methodology (rsm), Response surface methodology (R...

Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat

Explain lancaster models., Lancaster models : The means of representing the...

Lancaster models : The means of representing the joint distribution of the set of variables in terms of the marginal distributions, supposing all the interactions higher than a par

Mann whitney test, Mann Whitney test is a distribution free test which is ...

Mann Whitney test is a distribution free test which is used as an alternative to the Student's t-test for assessing that whether the two populations have the same median. The test

Describe non linear model, Non linear model : A model which is non-linear i...

Non linear model : A model which is non-linear in the parameters, for instance are   Some such type of models can be converted into the linear models by linearization (the s

Auto correlation, Auto correlation : The correlation of the internal observ...

Auto correlation : The correlation of the internal observations in the time series, generally expressed as a function of the time lag between the observations. It is also used for

Collapsing categories, Collapsing categories : A procedure generally applie...

Collapsing categories : A procedure generally applied to contingency tables in which the two or more row or column categories are combined, in number of cases so as to yield the re

Median, Median is the value in a set of the ranked observations which divi...

Median is the value in a set of the ranked observations which divides the data into two parts of equal size. When there are an odd number of observations the median is middle v

Marginal matching, Marginal matching is the matching of the treatment grou...

Marginal matching is the matching of the treatment groups in terms of means or other summary characteristics of matching variables. This has been shown to be almost as efficient a

Define non linear mapping (nlm), Non linear mapping (NLM ) is a technique f...

Non linear mapping (NLM ) is a technique for obtaining a low-dimensional representation of the set of multivariate data, which operates by minimizing a function of the differences

Doob meyer decomposition, A theorem which shows that any counting process m...

A theorem which shows that any counting process may be uniquely decomposed as the sum of a martingale and a predictable, right-continous process called the compensator, assuming ce

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