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Cohort component method: A broadly used method or technique of forecasting the age- and sex-speci?c population to the upcoming years, in which the initial population is strati?ed by the age and sex and projections are generated by the application of survival ratios and birth rates, which is followed by an additive adjustment for net migration. The method is broadly used because it provides detailed information on an area's future population, deaths, births, and migrants by age, sex and race, information which is uesful for many regions of planning and public administration.
Bartlett's test for variances : A test for equality of the variances of the number (k)of the populations. The test statistic can be given as follows where s square is an
Generalized method of moments (gmm) is the estimation method popular in econometrics which generalizes the method of the moments estimator. Essentially same as what is known as the
An oil company thinks that there is a 60% chance that there is oil in the land they own. Before drilling they run a soil test. When there is oil in the ground, the soil test comes
You and your team have been hired as strategic consultants by the hugely successful retailer known as “Cutie Pie”. The company sells many products, although one product in particul
Chernoff's faces : A method or technique for representing the multivariate data graphically. Each observation is represented by the computer-created face, the features of which are
Opreation research phase
Regression discontinuity design is the quasi-experimental design in which participants in, for instance, an intervention study, are assigned to the treatment and control groups on
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
Calibration : A procedure which enables a series of simply obtainable but inaccurate measurements of some quantity of interest to be used to provide more precise estimates of the r
Records on the computer manufacturing process at Pratt-Zungia Limited show that the percentage of defective computers sent to customers has been 5% over the last few years. Shipme
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