quantitative techniques, Applied Statistics

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use of quantitative techniques in public sector

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Poisson Distribution The poisson Distribution  was discovered  by French mathematician simon  denis  poisson. It is a discrete probability distribution. Meaning : In bi

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Statistical Process Control The variability present in manufacturing process can either be eliminated completely or minimized to the extent possible. Eliminating the variabilit

Lorenz curve , Lorenz Curve   It is a graphic method of measur...

Lorenz Curve   It is a graphic method of measuring dispersion. This curve was devised by Dr. Max o Lorenz a famous statistician.  He used this technique for wealth it i

Geometric mean, Geometric Mean is defined as the n th root of the ...

Geometric Mean is defined as the n th root of the product of numbers to be averaged. The geometric mean of numbers X 1 , X 2 , X 3 .....X n is given as

Determine maximum process variability, You are attempting to purchase ...

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Standard deviation, Standard Deviation The main drawback of the deviati...

Standard Deviation The main drawback of the deviation measures of dispersion, as discussed earlier, is that the positive and negative deviations cancel out each other. Use of t

Predict higpa using a logistic regression, In this problem, we use the CSDA...

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