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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 only if there does not exist within that particular class of the procedures another one which performs uniformly at least as well as the procedure in question and performs much better than it in at least one case. Here 'uniformly' means for all values of the parameters which decide the probability distribution of the random variables under the investigation.
Measures of Dispersion Box 3: Food vs. Oil Below are the figures for foodgrain procurement and cr
A salesperson visits from house to house to sell her knives. The probability that she makes a sale at a random house is .3. Given that she makes a sale, the sale is worth $100 with
Grouped Data For calculating mode from a frequency distribution, the following formula Mode = L mo + x W where,
The Harmonic Mean is based on the reciprocals of numbers averaged. It is defined as the reciprocal of the arithmetic mean of the reciprocal of the given individual observations. Th
Find the minimum constant workforce: ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected
find the average rate of increase in population which in the first decade has increased 20%.in the second 25% and in the third 44%
Show how the Normal bin width rule can be modi ed if f is skewed or kurtotic. Examine the eff ect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.
Regression Lines It has already been discussed that there are two regression lines and they show mutual relationship between two variable . The regression line Yon X gives th
12 shoppings in nairobi 38/week
1. Suppose you are estimating the imports (from both the U.S. mainland and foreign countries) of fuels and petroleum products in Hawaii (the dependent variable). The values of the
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