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Regression Coefficient
While analysing regression in two related series, we calculate their regression coefficients also. There are two regression coefficients like two regression equations. Regression equation is that ratio which tells that with a changes of 1 in one series what will be an average changes in other series. In reality it is an algebraic measurement of the slope of regression line, means it decides the slope of regression line.
The cornlnunalities h j represent the fraction of the total variance' 'accounted for of variabie j. Ry calculating the communalities we can keep track of how much of-the orig
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I would like to know what the appropriate statistical test is for investigating an association between a nominal variable and an ordinal variable assuming normal distribution? It''
Analytical Approach We will illustrate this through an example. Example 1 A firm sells a product in a market with a few competitors. The average price charged by the
PCA is a linear transformation that transforms the data to a new coordinate system such that the greatest variance by any projection of the data comes to lie on the first coordinat
Betting on sporting events is big business both in the US and abroad. Consider, for instance, next winter’s American football tournament known as the Superbowl. Billions of dollars
Explain the characteristics of business forecasting.
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Importance of official statistic
Analysis of covariance (ANCOVA) It is initially used for an expansion of the analysis of variance which permits to the possible effects of continuous concomitant variables (suc
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