Describe law of likelihood, Advanced Statistics

Law of likelihood: Within framework of the statistical model, a particular set of data supports one statistical hypothesis or assumption better than another if the likelihood of the first hypothesis, on the data, becomes greater than the likelihood of the second hypothesis.

Posted Date: 7/30/2012 1:57:34 AM | Location : United States







Related Discussions:- Describe law of likelihood, Assignment Help, Ask Question on Describe law of likelihood, Get Answer, Expert's Help, Describe law of likelihood Discussions

Write discussion on Describe law of likelihood
Your posts are moderated
Related Questions
Last observation carried forward is a technique for replacing the observations of the patients who drop out of the clinical trial carried out over a time period. It consists of su

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

Hypothesis testing is a  general term for procedure of assessing whether the sample data is consistent or otherwise with statements made about the population. It basically tells u

Barrett and Marshall Model for conception : A biologically reasonable model for the probability of conception in a particular menstrual cycle, which supposes that the batches of sp

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

facts and statistics about daycare

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. You are interested in investigating if being above or below the median income (medloinc) impacts ACT means (act94) for schools. Complete the necessary steps to examine univariat

Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul

1) Let N1(t) and N2(t) be independent Poisson processes with rates, ?1 and ?2, respectively. Let N (t) = N1(t) + N2(t). a) What is the distribution of the time till the next epoch