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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.
Recursive models are the statistical models in which the causality flows in one direction, that is models which include only unidirectional effects. Such type of models do not inc
Average age at death : A ?awed statistic summarizing expectancy of the life and other aspects of the mortality. For instance, a study comparing average age at the death for male sy
Quantile regression is an extension of the classical least squares from estimation of the conditional mean models to the estimation of the variety of models for many conditional q
Hi , Im currently taking the course Financial Econometrics of Master of Finance at RMIT. I find it really difficult to understand the course''s material and now im having the majo
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Hypothesis testing is a general term for procedure of assessing whether the sample data is consistent or otherwise with statements made about the population. It basically tells u
Prevalence : The measure of the number of people in a population who have a certain disease at a given point in time. It c an be measured by two methods, as point prevalence and p
Ascertainment bias : A feasible form of bias, particularly in the retrospective studies, which arises from the relationship between the exposure to the risk factor and the probabil
Designs which permits two or more questions to be addressed in the investigation. The easiest factorial design is one in which each of the two treatments or interventions are p
Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat
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