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Automatic interaction detector (AID) A method or the technique which uses a set of categorical explanatory variables to divide data into the groups which are relatively homoge
IFRS: IFRS (International Financial Reporting Standards) is a set of accounting standards that were developed as global standard. The IFRS was developed by IASB (International Acc
Questions In a regression analysis, a nurse researcher found a correlation of .82 between pain relief scores and satisfaction with nursing care. She also calculated the follow
A manufacturer of VCRs plans to purchase a particular component from suppliers A, B and C. 30% of the components are to be purchased from A, 20% from B and 50% from C. In the past,
I am Hussain and I have done master in Statistics. Currently I am doing Mphil Statistics from Pakistan. I want to get online Statistics Tutor job. So contact with me as soon as pos
What are Saturn’s rings like? - Saturn’s rings are made of tiny icy objects ranging from particles to boulders each orbiting Saturn independently like a tiny moon. They lie in S
The poll interviewed 1500 persons rather than 1060, for 95% confidence.
Hugh Snore Bedding, Inc. has assets of $400,000 and turns over its assets 1.5 times per year. Return on assets is 12%. What is its profit margin (return on sales)?
Least square method
The correlation coefficient can take values from -1 to 1. If the correlation coefficient lies in the range (-1,0) then we say that the correlation is negative, on the other hand if
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