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High-dimensional data: This term used for data sets which are characterized by the very large number of variables and a much more modest number of the observations. In the 21st century\ such data sets are collected in number of areas, such as, text/web data mining and bioinformatics. The job of extracting meaningful statistical and biological information from such data sets present many challenges for which a number of recent methodological developments, for instance, sure screening methods, lasso, and Dantzig selector, might be quite helpful.
Projection pursuit is a procedure for attaning a low-dimensional (usually two-dimensional) representation of the multivariate data, which will be particularly useful in revealing
The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307
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 |t | > t = 1.96
Lorenz curve : Essentially the graphical representation of cumulative distribution of the variable, most often used for the income. If the risks of disease are not monotonically in
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The number of passengers arriving at an airport terminal average 1200 each hour. To process passengers (check in, take luggage, etc) take an average of 6 minutes each. There are
Interim analyses : An analysis made before the planned end of a clinical trial, typically with the aim of detecting the treatment differences at the early stage and thus preventing
Particlefilters is a simulation method for tracking moving target distributions and for reducing computational burden of the dynamic Bayesian analysis. The method uses a Markov ch
The approach to data analysis which emphasizes the use of informal graphical procedures not based on former assumptions about structure of the data or on the formal models for the
Barnard, George Alfred (1915^2002) : Born in Walthamstow in the east of London, Barnard achieved a scholarship to St. John's College, Cambridge, from where he graduated in the math
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