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Pattern recognition is a term for a technology that recognizes and analyses patterns automatically by machine and which has been used successfully in many areas of application including optical character recognition. Speech recognition, remote sensing and medical imaging processing. Because 'recognition' is almost synonymous with 'classification' in this field, pattern recognition includes statistical classification techniques such as discriminant analysis (here known as supervised pattern recognition or supervised learning) and cluster analysis (known as unsupervised pattern recognition or unsupervised learning). Pattern recognition is closely related to artificial intelligence, artificial neural networks and machine learning and is one of the main techniques used in data mining. Perhaps the distinguishing feature of pattern recognition is that no direct analogy is made in its methodology to underlying biological processes.
Outliers - Reasons for Screening Data Outliers are due to data entry errors, subject is not a member of the population that the sample is trying to represent, or the subject i
Lagging indicators: The part of a collection of the economic time series designed to give information about the broad swings in measures of the aggregate economic activity known a
Bivariate boxplot : A bivariate analogue of boxplot in which the inner area contains 50%of the data, and a 'fence' helps to identify the potential outliers. Robust methods or techn
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
Matching coefficient is a similarity coefficient for data consisting of the number of binary variables which is often used in cluster analysis. It can be given as follows he
Multilevel models are the regression models for the multilevel or clustered data where units i are nested in the clusters j, for example a cross-sectional study where students are
Quota sample is the sample in which the units are not selected at the random, but in terms of a particular number of units in each of a number of categories; for instance, 10 men
4-13. Students in a management science class have just received their grades on the first test. The instructor has provided information about the first test grades in some previou
1.Sam Lucarelli, owner of Lucarelli Products, is evaluating whether to produce a new product line. After thinking through the production process and the costs of raw materials and
Matching is the method of making a study group and a comparison group comparable with respect to the extraneous factors. Generally used in the retrospective studies when selecting
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