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Captures recapture sampling: Another approach to a census for estimating the size of population, which operates by sampling the population number of times, identifying the individuals which appear more than once. It was first used by Laplace to estimate the population of France; this approach received its main impetus in to context of estimating the approximate size of the wildlife populations. An initial sample is attained and the individuals in that sample are marked or otherwise identi?ed. A next sample is, subsequently, independently attained, and it is noted how many individuals in that particular sample are marked. If the next sample is representative of the population as a whole, then the sample proportion of the marked individuals should be about the same as that of the corresponding population proportion. From this relationship total number of individuals in the population can be estimated. Particularly if X individuals are 'captured', marked, released and y individuals then the independently captured of which x are marked, then the estimator of the population size (often called as the Petersen estimator)is given as follows
with variance given by The estimator does not have the ?nite expectation since x can take zero value. A modi?ed version, Chapman's estimator, adds one to the frequency of the animals caught in both the samples (x)with the follow-on population size estimator
An oil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The company
Hosmer-Lemeshow test is a goodness-of-fit test taken in use in logistic regression, particularly when there are regular covariates. Units are spitted into deciles based on predict
Institutional surveys are the surveys in which the primary sampling units are the institutions, for instance, hospitals. Within each of the sampled institution, a sample of the pa
Bioassay : It is an abbreviation of biological assay, which in its classical form includes an experiment conducted on biological material to determine relative potency of test and
Wilcoxon's ranksum test is the distribution free method or technique used as an alternative to the Student's t-test for assessing whether two populations have the same location. G
(a) You are trying to develop a strategy for investing in two different stocks, Stock A and Stock B. The anticipated annual return for a $1000 investment in each stock under four
Population averaged models are the models for kind of clustered data in which the marginal expectation of response variable is the main focus of interest. An alternative approach
An auditor for a government agency needs to evaluate payments for doctors' office visits paid by Medicare in a small regional town during the month of June. A total of 25,056 visit
#how to analyse data
Martingale: In the gambling context the term at first referred to a system for recouping losses by doubling the stake after each loss has occured. The modern mathematical concept
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