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Persson Rootze ´n estimator is an estimator for the parameters in the normal distribution when the sample is truncated so that all the observations under some fixed value C are removed. The estimator takes use of both the information given by the recorded values greater than C and by the number of the observations falling below C.
Ask quesoil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The com
Raking adjustments is an alternative to the post stratification adjustments in the complex surveys which ensures that the adjusted weights of the respondents conform to each of th
The method of summarizing the large amounts of data by forming the frequency distributions, scatter diagrams, histograms, etc., and calculating statistics like means variances and
Reciprocal transformation is a transformation of the form y =1/x, which is specifically useful for certain types of variables. Resistances, for instance, become conductances, and
A radically different approach of dealing with the uncertainty than the traditional probabilistic and the statistical methods. The necessary feature of the fuzzy set is a membershi
Genomics is the study of the structure, function and the evolution of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequences which comprise the genome of living organisms
Historical controls : The group of patients treated in the past with the standard therapy, taken in use as the control group for evaluating the new treatment on the present patient
Lattice distribution : A class of probability distributions to which most of the distributions for discrete random variables used in statistics belongs. In such type of distributio
Artificial neural network : A mathematical arrangement modelled on the human neural network and designed to attack various statistical problems, particularly in the region of patte
Multidimensional scaling (MDS) is a generic term for a class of techniques or methods which attempt to construct a low-dimensional geometrical representation of the proximity matr
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