mba, Advanced Statistics

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

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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

Simplex method, Economic Interpretation of the Optimum Simplex solution

Economic Interpretation of the Optimum Simplex solution

Fractional factorial design, Designs in which the information on main effec...

Designs in which the information on main effects and low-order inter- actions are attained by running only the fraction of the complete factorial experiment and supposing that part

Define informed consent, Informed consent: The consent needed from each po...

Informed consent: The consent needed from each potential participant former to random assignment in the clinical trial as speci?ed in the year 1996 version of Helsinki declaration

LASPEYERES QUANTITY INDEX, HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND T...

HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA

Lipstick Dilemma, For a career woman, wearing lipstick has become an integr...

For a career woman, wearing lipstick has become an integral part of her daily life. It is not unusual for a woman to look for a lipstick that will stay on her lips and not smudge

Differences total spot, The graphical process most frequently used in the a...

The graphical process most frequently used in the analysis of data from a two-by-two crossover design. For each of the subject the difference between the response variable values o

Compliance, Compliance : The extent to which the participants in a clinical...

Compliance : The extent to which the participants in a clinical trial follow trial protocol, for instance, following both the intervention regimen and trial procedures (clinical vi

Forecast, The particular projection which an investigator believes is most ...

The particular projection which an investigator believes is most likely to give an accurate prediction of the future value of some process. Commonly used in the context of the anal

Explain influence statistics, Influence statistics: The range of statistic...

Influence statistics: The range of statistics designed to assess the effect or the in?uence of an observation in determining results of the regression analysis. The general approa

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