Explain lie factor, Advanced Statistics

Lie factor: A measure suggested by Tufte for judging the honesty of the graphical presentation of data. Which can be calculated as follows

1185_lie factor.png 
The values close to one are desirable but it is not uncommon to find the values close to zero and greater than five. The instance shown in the figure has a lie factor of about 2.8. 

2303_lie factor1.png

Posted Date: 7/30/2012 2:05:26 AM | Location : United States

Related Discussions:- Explain lie factor, Assignment Help, Ask Question on Explain lie factor, Get Answer, Expert's Help, Explain lie factor Discussions

Write discussion on Explain lie factor
Your posts are moderated
Related Questions
The Null Hypothesis - H0: β 1 = 0 i.e. there is homoscedasticity errors and no heteroscedasticity exists The Alternative Hypothesis - H1: β 1 ≠ 0 i.e. there is no homoscedasti

Artificial neural network : A mathematical arrangement modelled on the human neural network and designed to attack various statistical problems, particularly in the region of patte

A law supposedly applicable to voting behaviour which has a history of several decades. It may be stated thus: Consider a two-party system and suppose that the representatives of t

The particular projection which an investigator believes is most likely to give an accurate prediction of the future value of some process. Commonly used in the context of the anal

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

i will like to submit my project for you to do on chi-square, ANOVA, and correlation and simple regression. how can we do this?

Attack rate : This term frequently used for the incidence of the disease or condition in the particular group, or during a limited interval of time, or under the special circumstan

A name sometimes given to the type of diagram generally used in meta-analysis, in which point estimates and confidence intervals are displayed for all the studies included in the a

Independent component analysis (ICA) is the technique for analyzing the complex measured quantities thought to be mixtures of other more fundamental quantities, into their fundamen