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Negative binomial distribution is the probability distribution of number of failures, X, before the kth success in the sequence of Bernoulli trials where the probability of success at each trial is p and probability of failure is q =1-p. The distribution can be given as follows The mean, skewness, variance, and kurtosis of the distribution are as follows: Often used to model over the dispersion in count data.
Chebyshev's inequality: A statement about the proportion of the observations which fall within some number of the standard deviations of the mean for any of the probability distri
It is the art of attempting to exchange something quite small and certain, for something which are large and uncertain. Gambling is big business; in the US, for instance, it is at
Surveys which use lists related with the vital statistics to sample individuals for the further information. For instance, the 1988 National Mortality Follow back Survey sampled de
Glim is the software package specifically suited for fitting the generalized linear models (the acronym stands for the Generalized Linear Interactive Modelling), including the log
Confidence interval : A range of the values, calculated from the sample observations which is believed, with the particular probability, to posses the true parameter value. A 95% c
importance of mathamatical expection in business
Primary Model Below is a regression analysis without 17 outliers that have been removed Regression Analysis: wfood versus totexp, income, age, nk The regression equat
Standardise the following arguments, which involve counter-arguments Some educators have argued that the increasing use of the internet by children and teenagers will have a be
You have learned that there are 3 major central measures of any data set. Namely: mean, median, and mode. Which of the three, do the outliers affect the most?
Lexis diagram is the diagram for displaying the simultaneous effects of the two time scales (generally age and calendar time) on a rate. For instance, mortality rates from cancer
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