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The non-trivial extraction of implicit, earlier unknown and potentially useful information from data, specifically high-dimensional data, using pattern recognition, artificial intelligence and machine learning, and presentation of the information extracted in a form that is without difficulty understandable to humans. Significant biological discoveries are now frequently made by combining data mining methods with the traditional laboratory techniques; an instance is the discovery of novel regulatory areas for heat shock genes in C. Elegans made by mining vast amounts of the gene expression and sequence data for the significant patterns.
Artificial neural network : A mathematical arrangement modelled on the human neural network and designed to attack various statistical problems, particularly in the region of patte
The act of combining data from heterogeneous sources with the intent of extracting information that would not be available for any single source in isolation. An example is the com
Atomistic fallacy : A fallacy which arises because of the association between two variables at the individual level might vary from the association between the same two variables m
The Null Hypothesis - H0: There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1: There is heteroscedasticity i.e. β 1 0 Reject H0 if Q = ESS/2 >
HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA
Healthy worker effect : The occurrence whereby employed individuals tend to have lower mortality rates than those who are unemployed. The effect, which can pose the serious problem
Suppose that $4 million is available for investment in three projects. The probability distribution of the net present value earned from each project depends on how much is invest
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 individ
Geo statistics: The body of methods useful for understanding and modelling spatial variability in a course of interest. Central to these techniques is the idea that measurements t
Multiple comparison tests : Procedures for detailed examination of the differences between a set of means, generally after a general hypothesis that they are all equal has been rej
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