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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
O. J. Simpson paradox is a term coming from the claim made by the defence lawyer in murder trial of O. J. Simpson. The lawyer acknowledged that the statistics demonstrate that onl
how to describe association between quantitative and categorical variables
Mixture experiment is an experiment in which the two or more ingredients are blended together to form an end product. The measurements are taken on the several blends of the ingre
Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul
Hazard function : The risk which an individual experiences an event in a small time interval, given that the individual has survived up to the starting of the interval. It is th
Cointegration : The vector of not motionless time sequence is said to be cointegrated if the linear combination of the individual series is stationary. Facilitates suitable testing
One of the most exciting areas of mathematics involves the application of statistics to real-world settings to make informed decisions. In this task you will design, implement, and
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
a company suppliers specialized, high tensile Pins to customers. It uses an automatic lathe to produce the pins. Due to the factors such as vibration, temperature and wear and tear
Product-limit estimator is a method for estimating the survival functions for the set of survival times, some of which might be censored observations. The logic behind the procedu
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