free hand or graphical method, Advanced Statistics

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Cauchy integral, Cauchy integral : The integral of the function, f (x), fro...

Cauchy integral : The integral of the function, f (x), from a to b are de?ned in terms of the sum   In the statistics this leads to the below shown inequality for the expecte

Disability adjusted life years (dalys), This is an attempt to measure the s...

This is an attempt to measure the suffering caused by the illness which takes into the account both the years of the potential life lost due to the premature mortality as well as t

Glejser’s test, The Null Hypothesis - H0:  There is no heteroscedasticity i...

The Null Hypothesis - H0:  There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1:  There is heteroscedasticity i.e. β 1 0 Reject H0 if |t | > t = 1.96

Generalized method of moments (gmm), Generalized method of moments (gmm) is...

Generalized method of moments (gmm) is the estimation method popular in econometrics which generalizes the method of the moments estimator. Essentially same as what is known as the

Times series plots, There is high level of fluctuation in a zigzag pattern ...

There is high level of fluctuation in a zigzag pattern in the time series for RESI1 which indicates that there is possibly negative autocorrelation present. Column C11 show

Graphical deception, Graphical deception : Statistical graphics which are n...

Graphical deception : Statistical graphics which are not as honest as they should be. It is relatively simple. To mislead the unwary with the graphical material. For instance, c

Mean-range plot, Mean-range plot   is the graphical tool or device usefu...

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

Calibration, Calibration : A procedure which enables a series of simply obt...

Calibration : A procedure which enables a series of simply obtainable but inaccurate measurements of some quantity of interest to be used to provide more precise estimates of the r

Regression analysis, with the help of regression analysis create a model th...

with the help of regression analysis create a model that best describes the situation. Indicate clearly the effect that each factors given in the attached file and other factors ma

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