quantitative techniques, Applied Statistics

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use of quantitative techniques in public sector

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Systematic random sampling, Systematic Random Sampling This method  is ...

Systematic Random Sampling This method  is generally used in such cases where a complete list of the population is available from which sample has to be selected. Under this

Iterative convergence of the method, You are given the differential equatio...

You are given the differential equation dy/dx = y' = f(x, y) with initial condition y(0 ) 1 = . The following numerical method is also given: where  f n = f( x n , y n )

Flow chart for confidence interval, Flow Chart for Confidence Interval ...

Flow Chart for Confidence Interval We can now prepare a flow chart for estimating a confidence interval for μ, the population parameter. Figure

Eliminate all of the insignificant variables, The file Midterm Data.xls ha...

The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea

QUARTILE DEVIATION, Examples of grouped, simple and frequency distribution ...

Examples of grouped, simple and frequency distribution data

Multivariate statistical methods, As one of the oldest multivariate stati...

As one of the oldest multivariate statistical methods of data reduction, Principal Component Analysis (PCA)simplifies a dataset by producing a small number of derived

Data reduction, The PCA is amongst the oldest of the multivariate statistic...

The PCA is amongst the oldest of the multivariate statistical methods of data reduction. It is a technique for simplifying a dataset, by reducing multidimensional datasets to lower

Central tendency, Definition of Central Tendency The central tendency o...

Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration

Time series, merits and demerits of methods to determin trends

merits and demerits of methods to determin trends

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