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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.
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An investor with a stock portfolio sued his broker, claiming that a lack of diversification in his portfolio had led to poor performance. The data, shown below, are the rates of re
This term applied in the context of comparing the different methods and techniques of estimating the same parameter; the estimate with the lowest variance being regarded as the mos
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
Martingale: In the gambling context the term at first referred to a system for recouping losses by doubling the stake after each loss has occured. The modern mathematical concept
This is the powerful visualization tool for studying how the response relies on an explanatory variable given the values of other explanatory variables. The plot comprises of a num
Censored observations : An observation xi on some variable of interest is consired to be censored if it is known that xi Li (left-censored)or xi Ui (right-censored) where Li and Ui
This is an attempt to measure the suffering caused by the illness which takes into the account both the years of the potential life lost due to the premature mortality as well as t
The graphical process most frequently used in the analysis of data from a two-by-two crossover design. For each of the subject the difference between the response variable values o
Labour force survey : This survey carried out in the UK on the quarterly basis since the spring of year 1992. It covers 60 000 households and gives labour force and other detail
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