pebblemerchant, Advanced Statistics

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Pattern recognition, Pattern recognition is a term for a technology that r...

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 inc

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Population pyramid : The diagram designed to show the comparison of the human population by sex and age at a given instant time, consisting of a pair of the histograms, one for eve

Clustered data, Clustered data : The term applied to both the data in whic...

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1. define statistical algorithms 2. write the flow charts for statistical algorithms for sums, squares and products. 3. write flow charts for statistical algorithms to generates ra

Omitted covariates, Omitted covariates is a term generally found in the co...

Omitted covariates is a term generally found in the connection with regression modelling, where the model has been incompletely specified by not including significant covariates.

Regression, regression line drawn as Y=C+1075x, when x was 2, and y was 239...

regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Collective risk models, Collective risk models : The models applied to insu...

Collective risk models : The models applied to insurance portfolios which do not create direct reference to the risk characteristics of individual members of the portfolio when des

Describe hurdle model, Hurdle Model:  The model for count data which postul...

Hurdle Model:  The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina

Independent or Dependent variable, Whats the independent variable in the fo...

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