The calculations of arithmetic mean may be simple and foolproof, but the application of the result may not be so foolproof. An arithmetic mean may not merely lack significance; it may well be positively misleading. Mean should never be accepted as significant without supporting credentials  Posted Date: 9/14/2012 1:43:30 AM | Location : United States

Your posts are moderated

Write your message here..

Related Questions

Estimation error on apparent arbitrage This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 ass

Compute the output of correlation Q. Compute the output of correlation? The following figure shows (a) a 3-bit image of size 5-by-5 image in the square, with x and y coordinates specified

Analysis of covariance (ancova) Analysis of covariance (ANCOVA) It is initially used for an expansion of the analysis of variance which permits to the possible effects of continuous concom

Production took place Scenario: To fundraise for middle school camp the year 3 and 4 syndicate designed and produced chocolate treats to sell to the year 1 and 2, and year 5 and 6 st

Systematic random sampling Systematic Random Sampling This method  is generally used in such cases where a complete list of the population is available from which sample has to be sel

Limitations of arithmetic mean The calculations of arithmetic mean may be simple and foolproof, but the application of the result may not be so foolproof. An arithmetic mean may

Difference in goals between pca and fa In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a s