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Hazard plotting, Hazard plotting  is based on the hazard function of a dist...

Hazard plotting  is based on the hazard function of a distribution, this procedure gives estimates of distribution parameters, the proportion of units failing by the given time per

Fisher''s exact test, The alternative process to make use of the chi-square...

The alternative process to make use of the chi-squared statistic for assessing the independence of the two variables forming a two-by-two contingency table particularly when expect

Frequency polygon, It is the diagram used to display the values graphically...

It is the diagram used to display the values graphically in a frequency distribution. The frequencies are graphed as an ordinate against the class mid-points as abscissae. The p

Explain median absolute deviation (mad), Median absolute deviation (MAD) : ...

Median absolute deviation (MAD) : It is the very robust estimator of the scale given by the following equation   or, in other words we can say that, the median of the absolute

Lipstick Dilemma, For a career woman, wearing lipstick has become an integr...

For a career woman, wearing lipstick has become an integral part of her daily life. It is not unusual for a woman to look for a lipstick that will stay on her lips and not smudge o

Mcnemar''s test, McNemar's test  is the test for comparing proportions in d...

McNemar's test  is the test for comparing proportions in data involving the paired samples. The test statistic can be given by   it is most useful when the data have a symmetri

Coplot, This is the powerful visualization tool for studying how the respon...

This is the powerful visualization tool for studying how the response relies on an explanatory variable given the values of other explanatory variables. The plot comprises of a num

LASPEYERES QUANTITY INDEX, HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND T...

HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA

Cube law, A law supposedly applicable to voting behaviour which has a histo...

A law supposedly applicable to voting behaviour which has a history of several decades. It may be stated thus: Consider a two-party system and suppose that the representatives of t

Rational –experiential inventory, Demographic data: Age: continuous vari...

Demographic data: Age: continuous variable Gender: categorical variable with males coded 1, females coded 2. Relationship status: categorical variable 1 to 5. Rational

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