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Randomization tests are the procedures for determining the statistical significance directly from the data with- out recourse to some particular sampling distribution. For instance, in a study including the comparison of two groups, the data would be splittes (permuted) repeatedly between groups and for each split (permutation) the relevant test statistic (for instance, a t or F), is calculated to determine the proportion of data permutations which provide as large a test statistic as that associated with observed data. If that quantity is smaller than some significance level α, the results are important at the α level.
Naor's distribution is the discrete probability distribution which arises from the following model; Assume an urn contains n balls of which one is red and the remainder is whit
Recurrence risk : Usually the probability that an individual experiences an event of interest given previous experience(s) of the event; for example, the probability of recurrence
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Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul
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
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Thomas Economic Forecasting, Inc. and Harmon Econometrics have the same mean error in forecasting the stock market over the last ten years. However, the standard deviation for Thom
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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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