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Procrustes analysis is a technique of comparing the alternative geometrical representations of a group of multivariate data or of the proximity matrix, for instance, two competing multidimensional scaling solutions for the latter. The two solutions are compared to each other using a residual sum of the squares criterion, which is minimized by permitting the coordinates corresponding to one solution to be rotated, reflected and translated relative to other. Generalized Procrustes analysis permits comparison of more than two alternative solutions by at the same time translating, rotating and reflecting them so as to optimize the predefined goodness-of-fit measure.
relevancy of time series in business management
This term sometimes is applied to the model for explaining the differences found between naturally happening groups which are greater than those observed on some previous occasion;
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
Bootstrap : The data-based simulation method/technique for the statistical inference which can be used to study the variability of the estimated characteristics of the probability
Centile reference charts : Charts which are used inmedicine to observe the clinical measurements on individual patients in the context of the population values. If the population i
Auto correlation : The correlation of the internal observations in the time series, generally expressed as a function of the time lag between the observations. It is also used for
A term usually used for unobserved individual heterogeneity. Such variation is of main concern in the medical statistics particularly in the analysis of the survival times where ha
Residual plots are the plots of some type of residual which might be helpful in assessing the assumption made by the fitted model. In regression analysis there are various method
Random allocation is a technique for creating the treatment and control groups particularly in accordance of the clinical trial. Subjects receive the active treatment or the place
Probability weighting is the procedure of attaching weights equal to inverse of the probability of being selected, to each respondent's record in the sample survey. These weights
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