pebblemerchant, Advanced Statistics

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Cause specific death rate, Cause specific death rate : A death rate calcula...

Cause specific death rate : A death rate calculated for the people dying from the specific disease. For instance, the below given are the rates per 1000 people for three disease cl

Expectaton, sales per day for a product are as follows: x= 10, 11, 12, 13 (...

sales per day for a product are as follows: x= 10, 11, 12, 13 (p)= 0.2, 0.4, 0.3, 0.1 obtain mean and variance of daily sale. if the profit is described by the following equation p

Graphical deception, Graphical deception : Statistical graphics which are n...

Graphical deception : Statistical graphics which are not as honest as they should be. It is relatively simple. To mislead the unwary with the graphical material. For instance, c

Exponential family, A family of the probability distributions of the form g...

A family of the probability distributions of the form given as   here θ is the parameter and a, b, c, d are the known functions. It includes the gamma distribution, normal dis

Bayes factor, Bayes factor : A summary of evidence for the modelM1 against ...

Bayes factor : A summary of evidence for the modelM1 against the another modelM0 provided by the set of data D, which can be used in the model selection. Given by the ratio of post

Paired samples, Paired samples are the two samples of the observations wit...

Paired samples are the two samples of the observations with the characteristic feature with each of the observation in one sample have only one matching observation in the other s

Clinical vs. statistical significance, Clinical vs. statistical significanc...

Clinical vs. statistical significance : The distinction among results in terms of their possible clinical importance rather than simply in terms of their statistical importance. Wi

Attitude scaling, Attitude scaling : The process of analysing the positions...

Attitude scaling : The process of analysing the positions of the individuals on scales purporting to measure attitudes, for instance a liberal-conservative scale, ora risk-willingn

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