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Point scoring is an easy distribution free method which can be used for the prediction of a response which is a binary variable from the observations on several explanatory variables which are also binary in nature. The easiest version of the process, often known as the Burgess technique, operates by first taking the explanatory variables one at a time and then determining which level of each variable is related with the higher proportion of 'success' category of the binary response. The prediction score for any of the individual is then just the number of explanatory variables at the high level (generally only variables which are ' significant' are included in the score). The score thus varies from 0, when all explanatory variables are at low level, to its maximum value when all important variables are at the high level. The goal of the technique is to split the population into risk groups.
Mean-range plot is the graphical tool or device useful in selecting a transformation in the time series analysis. The range is plotted against the mean for each of the seasona
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
Kaiser's rule is the rule frequently used in the principal components analysis for selecting the suitable the number of components. When the components are derived from correlati
A statewide survey of 1,706 California adults’ residents include the following question: would you favor or oppose providing a path to citizenship for illegal immigrants in the U.S
A manufacturing company has two factories F 1 and F 2 producing a certain commodity that is required at three retail outlets M 1 , M 2 and M 3 . Once produced, the commodity is
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Knox's tests: These tests designed to detect any tendency for the patients with a particular disease to form the disease cluster in time and space. The tests are relied on a two-b
The type of longitudinal study in which the subjects receive different treatments on the various occasions. Random allocation is required to determine the order in which the treatm
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