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High-dimensional data: This term used for data sets which are characterized by the very large number of variables and a much more modest number of the observations. In the 21st century\ such data sets are collected in number of areas, such as, text/web data mining and bioinformatics. The job of extracting meaningful statistical and biological information from such data sets present many challenges for which a number of recent methodological developments, for instance, sure screening methods, lasso, and Dantzig selector, might be quite helpful.
The approach to data analysis which emphasizes the use of informal graphical procedures not based on former assumptions about structure of the data or on the formal models for the
The theory of measurement which recognizes that in any measurement situation there are multiple (actually infinite) sources of variation (known as facets in the theory), and that a
Non linear model : A model which is non-linear in the parameters, for instance are Some such type of models can be converted into the linear models by linearization (the s
can you help specify the model for an event study and to interpret the results/
Correlation matrix : A square, symmetric matrix with the rows and columns corresponding to the variables, in which the non diagonal elements are correlations between the pairs of t
Remedian: The robust estimator of location which is computed by an iterative process. By assuming that the sample size n can be written as bk where b and k are the integers, the s
Ask quesoil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The com
Isobologram is a diagram used to characterize the interactions among jointly administered drugs or the chemicals. The contour of the constant response (that is the isobole), which
Multimodal distribution is the probability distribution or frequency distribution with number of modes. Multimodality is frequently taken as an indication which the observed di
Reliability theory is the theory which attempts to determine the reliability of the complex system from knowledge of the reliabilities of the components. Interest might centre on
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