mba, Advanced Statistics

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

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Dr. Stallter has been teaching basic statistics for many years. She knows that 80% of the students will complete the assigned problems. She has also determined that among those who

Bartlett''s test for variances, Bartlett's test for variances : A test for ...

Bartlett's test for variances : A test for equality of the variances of the number (k)of the populations. The test statistic can be given as follows   where s square is an

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Explain median absolute deviation (mad), Median absolute deviation (MAD) : ...

Median absolute deviation (MAD) : It is the very robust estimator of the scale given by the following equation   or, in other words we can say that, the median of the absolute

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Suppose that $4 million is available for investment in three projects.  The probability distribution of the net present value earned from each project depends on how much is invest

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Interior analysis is the  term now and again applied to analysis carried out on the fitted model in regression problem. The basic target of such analyses is the identification of

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