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Accelerated Failure Time Model
A basic model for the data comprising of survival times, in which the explanatory variables measured on an individual are supposed to act multiplicatively on the time-scale, and so affect the rate at which the individual moves along the time axis.
Accordingly the interruption in model takes place in terms of the speed of progression of the disease.
In the easiest cases of comparing the two groups of patients, for instance, those receiving the treatment A and those who are receiving the treatment B, this model supposes that the survival time of an individual on one treatment is a multiple of survival time on the other treatment; as a result of which the probability that an individual on treatment A survives beyond time t is the probability of that an individual on treatment B survives beyond time _t, where _ is an unidentified positive constant. When the end-point of the interest is the death of the patient, values of _ less than one correspond to the acceleration in the time of death of an individual given to treatment A, and values of _ greater than one shows the reverse of it. The parameter _ is generally known as the acceleration factor
Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in
Simple Random Sampling In Simple Random Sampling each possible sample has an equal chance of being selected. Further, each item in the entire population also has an equal chan
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Agency revenues. An economic consultant was retained by a large employment agency in a metropolitan area to develop a regression model for predicting monthly agency revenues ( y ).
The project of building a backyard swimming pool consists of eight major activities and has to be completed within 19 weeks. The activities and related data are given in the follow
Grouped Data For calculating mode from a frequency distribution, the following formula Mode = L mo + x W where,
practical application of standard error
what is non linear modl
For a distribution of scores with = 82 and standard deviation = 2.5, find the following: (Don't forget to sketch the normal curve to help you visualize what you are trying to fi
Admissibility A very common concept which is applicable to any procedure of the statistical inference. The underlying notion is that the procedure/method is admissible if and o
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