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Correspondence Analysis (CA) is a generalization of PCA to contingency tables. The factors of correspondence analysis give an orthogonal decomposi:ion of the Chi- square associated to the table. In correspondence aria!ysis, rows and columns of the table play a symmetric role and can be represznteci in tli~ sarne plot. When several nominal variables are analyzed, correspondence analysis is generalized &'Multiplc Correspondence Analysis (MCA). The ct;rrespondcnce analysis is also .known as dual or optimal scaling or reciprocal averaging.
Admissibility A very common concept which is applicable to any procedure of the statistical inference. The underlying notion is that the procedure/method is admissible if and o
To determine the proportion of people in your town who are smokers, it has been decided to poll people at one of the following local spots: (a) the pool hall; (b) the bowling alley
Applications of Standard Error Standard Error is used to test whether the difference between the sample statistic and the population parameter is significant or is d
merits and demerits of methods to determin trends
Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both
Arithmetic Average or Mean The arithmetic mean is the most widely and the most generally understandable of all the averages. This is clear from the reason that when the term
Chi Square Test as a Distributional Goodness of Fit In day-to-day decision making managers often come across situations wherein they are in a state of dilemma about the applica
Melissa Bakery is preparing for the coming thanksgiving festival. The bakery plans to bake and sell its favourite cookies; butter cookies, chocolate cookies and almond cookies. A k
whats mean by Double Exponential Smoothing
An approximation to the error of a Riemannian sum: where V g (a; b) is the total variation of g on [a, b] de ned by the sup over all partitions on [a, b], including (a; b
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