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Multidimensional scaling (MDS) is a generic term for a class of techniques or methods which attempt to construct a low-dimensional geometrical representation of the proximity matrix for a set of stimuli, with the goal of making any structure in the data as transparent as possible. The goal of all such techniques or method is to find a low-dimensional space in which points in the space represent stimuli, one point representing one stimulus, such that the distances between points in the space match as well as possible in some sense the original dissimilarities or the similarities. In a very common sense this simply means that the larger the observed dissimilarity value (or smaller the similarity value) amongs two stimuli, the further apart should be the points representing them in derived spatial solution. A common approach to finding the required coordinate values is to select them so as to minimize some least squares type fit criterion such as follows
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Geometric distribution: The probability distribution of the number of trials (N) before the first success in the sequence of Bernoulli trials. Specifically the distribution is can
Data theory is anxious with how observations are transformed into data which can be analyzed. Data are thus viewed as the theory laden in the sense that the observations can be giv
Hi , Im currently taking the course Financial Econometrics of Master of Finance at RMIT. I find it really difficult to understand the course''s material and now im having the majo
Correlation matrix : A square, symmetric matrix with the rows and columns corresponding to the variables, in which the non diagonal elements are correlations between the pairs of t
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
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
Institutional surveys are the surveys in which the primary sampling units are the institutions, for instance, hospitals. Within each of the sampled institution, a sample of the pa
R-squared is regarded as the coefficient of determination and is used to give the proportion of the fluctuation of the variance of one variable to another variable. R-squared also
how to describe association between quantitative and categorical variables
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