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Lagging indicators: The part of a collection of the economic time series designed to give information about the broad swings in measures of the aggregate economic activity known as business cycles.
It is used mainly to confirm the recent turning points in such kind of cycles. Such indicators alter after the overall economy has changed and instance comprises of business spending, labour costs, and the unemployment rate.
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Non central distributions is the series of probability distributions each of which is the adaptation of one of the standard sampling distributions like the chi-squared distributio
Graphical deception : Statistical graphics which are not as honest as they should be. It is relatively simple. To mislead the unwary with the graphical material. For instance, c
The model for data containing continuous and categorical variables both.The categorical data are summarized by the contingency table and their marginal distribution, 182by the mult
A term commonly encountered in the analysis of the contingency tables. Such type of frequencies are the estimates of the values to be expected under hypothesis of interest. In a tw
Regression to the mean is the procedure first noted by Sir Francis Galton that 'each peculiarity in man is shared by his kinsmen, but on average to the less degree.' Hence the ten
Cluster randomization : The random allocation of the groups or clusters of the individuals in the formation of treatment groups.Eeven though not as statistically ef?cient as the in
an oil company is considering whether or not to bid for an offshore drilling contract. The bid would cost $60 with a 65% chance of gaining the contract. Outcome success Probability
Linked micro map plot is a plot which provides the graphical overview and the details for spatially indexed statistical summaries. The plot shows the spatial patterns and statisti
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