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Analysis of covariance (ANCOVA)
It is initially used for an expansion of the analysis of variance which permits to the possible effects of continuous concomitant variables (such as covariates) on the response variable, additionally to the effects of the factor or the treatment variables. Generally supposed that covariates are unaffected by the treatments and that their relationship to the response is linear in nature. If such a relationship exists then the inclusion of covariates in this means decreases the error mean square and thus increases the sensitivity of the F-tests used in assessing the treatment differences. The term now seems to also be more generally used for almost any of the analysis seeking to assess the relationship among response variable and a number of the explanatory variables
The data in the data frame compensation are from Myers (1990), Classical andModern Regression with Applications (Second Edition)," Duxbury. The response y here is executive compens
Meaning of Interpolation and Extrapolation Interpolation is a method of estimating the most probable missing figure on the basis of given data under certain assumptions. On t
Sample Standard Deviation So far, we discussed the population standard deviation. Now, let us switch to sample standard deviation(s) that is analogous to the population stand
two application of statistics
Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. Find the replacement time that separates the top 20% from the
a) List down several measures of central tendency and define the difference among them? b) What do you mean by confidence interval, and why it is useful? What is a confidence lev
If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the
how is a free hand graph secular trend method plotted
Each weekend, Derek either reads a book (B), goes to the cinema (C), visits his local museum (M), or plays squash (S). If he reads a book one weekend, then he will take part in one
Weighted Arithmetic Mean Another aspect to be considered is the importance we assign to each observation. The arithmetic mean as we calculated it so far gives equal
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