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Buffon's needle problem: A problem proposed and solved by the scientist Comte de Buffon in 1777 which includes determining the probability, p, which a needle of length l will intersect the line when thrown at the random onto a horizontal plane which is ruled with the parallel lines a distance a > l apart. The solution can be given as It can be used to evaluate the p since if the needle is tossed N number of times independently and yi = 1 if it intersects the line on the ith toss and 0 otherwise then the condition becomes In the year 1850 R.Wolf (who is an astronomer in Zurich) threw the needle 5000 times and obtained the value 3.1596 for the p.
This term sometimes used to describe the extra factor in variance of the sample mean when n sample values are drawn without the replacement from the finite population of size N. Th
an oil company is considering whether or not to bid for an offshore drilling contract. The bid would cost $60 with a 65% chance of gaining the contract. Outcome success Probability
Grade of membership model: This is the general distribution free method for the clustering of the multivariate data in which only categorical variables are included. The model ass
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
The Null Hypothesis - H0: There is no autocorrelation The Alternative Hypothesis - H1: There is at least first order autocorrelation Rejection Criteria: Reject H0 if LBQ1 >
Complier average causal effect (CACE): The treatment effect amid true compliers in the clinical trial. For the suitable response variable, the CACE is given by the difference in o
This term applied in the context of comparing the different methods and techniques of estimating the same parameter; the estimate with the lowest variance being regarded as the mos
The act of combining data from heterogeneous sources with the intent of extracting information that would not be available for any single source in isolation. An example is the com
a sequence of numbers consist of six 6''s seven 7''s eight 8''s nine 9''s ten 10''s what is the arithmetic mean?
Interior analysis is the term now and again applied to analysis carried out on the fitted model in regression problem. The basic target of such analyses is the identification of
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