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Contour plot: A topographical map drawn from data comprising observations on the three variables. One variable is represented on horizontal axis and the second variable is represented on the vertical axis. The third variable is represented by the isolines. These plots are many times helpful in data analysis, especially when the searching for maxima or minima in such type of data. The plots are most often taken in use to display the graphically bivariate distributions in which case the third variable is value of the probability density function corresponding to the values of the two variables. An alternative method or technique of displaying the same material is given by the perspective plot in which the values on third variable are represented by the series of lines constructed to give the three-dimensional view of data. The figure 43 drawn above gives examples of these plots using the birth and death rate data from the number of nations with a kernel density estimator used to calculate or measure the bivariate distribution.
Goodmanand kruskal measures of association is the measures of associations which are useful in the situation where two categorical variables cannot be supposed to be derived from
Chance events : According to the Cicero these are events which occurred or will occur in ways which are the uncertain-events which may happen, may not happen, or may happen in some
The variables resulting from the recoding categorical variables with more than two categories into the sequence of binary variables. Marital status, for instance, if originally lab
The studies conducted in the pharmaceutical industry to calculate the degradation of the new drug product or an old drug formulated or packaged in the new manner. The main study ob
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
1) Has smartphones affected the consumer behavior? If so How ? And how is it going to change in future? 2) Forecasting of Mobile market (Time series analysis) 3) Comparison of fou
Multitrait multi method model (MTMM) is the form of confirmatory factor analysis model in which the different techniques of measurement are used to measure each of the latent vari
This is an alternative to the Newton-Raphson technique for optimization (finding out the minimum or the maximum) of some function, which includes replacing the matrix of second der
Categorical variable : A variable which provides the appropriate label of observation after the allocation to one of the several possible categories, for instance, the respiratory
Principal components analysis is a process for analysing multivariate data which transforms original variables into the new ones which are uncorrelated and account for decreasing
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