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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.
Conjoint analysis : The method used basically in market research which is similar in many respects to the various dimensional scaling. The method attempts to assign values to the l
Graduation is the term is employed most often in the application of the actuarial statistics to denote procedures by which the set or group of observed probabilities is adjusted t
Protopathic bias is the type of bias (also called as reverse-causality) that is a consequence of differential misclassification of the exposure related to timing of occurrence. It
This term is sometimes used for the data collected in those longitudinal studies in which more than the single response variable is recorded for each subject on each occasion. For
This term sometimes is applied to the model for explaining the differences found between naturally happening groups which are greater than those observed on some previous occasion;
K-means cluster analysis is the method of cluster analysis in which from an initial partition of observations into K clusters, each observation in turn is analysed and reassigned,
(a) You are trying to develop a strategy for investing in two different stocks, Stock A and Stock B. The anticipated annual return for a $1000 investment in each stock under four
Ask questioThe finance manager of ‘Softy’ baby soap manufacturing company being successful in the first two years of the company’s operations is considering setting up another plan
Procedures for estimating the probability distributions without supposing any particular functional form. Constructing the histogram is perhaps the easiest example of such type of
methods of measuring trend
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