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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.
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
Likert scales is often used in the studies of attitudes in which the raw scores are based on the graded alternative responses to each of a series of queries. For instance, the sub
The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307
Consolidated Standards for Reporting Trials (CONSORT) statement : The protocol for reporting the results of the clinical trials. The core contribution of the statement comprises of
Tracking is the term sometimes used in the discussions of data from the longitudinal study, to describe the ability to predict the subsequent observations from previous values. In
A metal fabrication process uses a die-cast metal fastener at a uniform rate of 300 units per year. Currently, this item is currently purchased from an external supplier at a unit
when there is tie in sequencing then what we do
Occam's razor is an early statement of the parsimony principle, which was given by William of Occam (1280-1349) namely 'entia non sunt multiplicanda praeter necessitatem'; which m
Partial least squares is an alternative to the multiple regressions which, in spite of using the original q explanatory variables directly, constructs the new set of k regressor v
explain the graphical method of measure of central tendency
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