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Chance events: According to the Cicero these are events which occurred or will occur in ways which are the uncertain-events which may happen, may not happen, or may happen in some or the other way.
Cicero's classification of such events is close to one dictionary de?nition of chance namely, 'the incalculable element in the existence which renders events unpredictable'. But for Leucippus (the circa 450 B.C.) the operation of possibility was associated with some hidden cause and such a view was held broadly in the middle ages where possibility had no place in the universe, rather all events were thought of as predetermined or fixed by God or by extrinsic causes determined by God. But in 20th century the deterministic view of the universe was overthrown by the successful and flourishing development of quantum mechanics with its central tenet being that it is impossible to predict the exact outcome of an atomic (or the molecular) system and where this uncertainty or doubt is not due to measurement error or experimental clumsiness but is a fundamental feature of the basic physical laws themselves.
The Null Hypothesis - H0: β 1 = 0 i.e. there is homoscedasticity errors and no heteroscedasticity exists The Alternative Hypothesis - H1: β 1 ≠ 0 i.e. there is no homoscedasti
Reciprocal transformation is a transformation of the form y =1/x, which is specifically useful for certain types of variables. Resistances, for instance, become conductances, and
what is goal post mentality?
This is the branch of mathematics which deals with the theory of contests between two or more players under the specified sets of rules. The subject supposes a statistical aspect w
Quality control procedures is the statistical process designed to ensure that the precision and accuracy of, for instance, a laboratory test, are maintained within the acceptable
The transformation of the Pearson's product moment correlation coefficient, r, can be given by The statistic z has the normal distribution with mean here ρ is the pop
Huffman code is used to compress data file, where the data is represented as a sequence of characters. Huffman's greedy algorithm uses a table giving how often each character occur
Tree is the term from the branch of the mathematics which known as the graph theory, used to describe any set of the straight-line segments joining the pairs of points in some pro
VIF is the abbreviation of variance inflation factor which is a measure of the amount of multicollinearity that exists in a set of multiple regression variables. *The VIF value
Omitted covariates is a term generally found in the connection with regression modelling, where the model has been incompletely specified by not including significant covariates.
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