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Initial data analysis (IDA): The first phase in the examination of the data set which comprises number of informal steps including the following steps
* checking the quality of the data,
* calculating the simple summary statistics and constructing the suitable graphs.
The basic aim is to clarify the structure of the data, attain a simple descriptive sum and perhaps get ideas for the more sophisticated analysis.
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
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
Interim analyses : An analysis made before the planned end of a clinical trial, typically with the aim of detecting the treatment differences at the early stage and thus preventing
Leaps-and-bounds algorithm is an algorithm which is used to ?nd the optimal solution in problems which might have a large number of possible solutions. Begins by dividing the poss
Bioassay : It is an abbreviation of biological assay, which in its classical form includes an experiment conducted on biological material to determine relative potency of test and
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
The GRE has a combined verbal and quantitative mean of 1000 and a standard deviation of 200.
Non parametric maximum likelihood (NPML) is a likelihood approach which does not need the specification of the full parametric family for the data. Usually, the non parametric max
Indirect least squares: An estimation technique used in the fitting of structural equation models. Commonly least squares are first used to estimate reduced form parameters. Usi
How has quantitative analysis changed the current scenario in the management world today?
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