diagrammatic and graphic presentation, Advanced Statistics

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Difference b/w historigram and histogram

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Method of moments   is the procedure for estimating the parameters in a model by equating sample moments to the population values. A famous early instance of the use of the proced

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Residual plots, Residual plots are the plots of some type of residual whi...

Residual plots are the plots of some type of residual which might be helpful in assessing the assumption made by the fitted model. In regression analysis there are various method

Fisher''s exact test, The alternative process to make use of the chi-square...

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calculate the mean yearly value using the average unemployment rate by month

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How to estimate MLE for statistical anslysis using Markov Model?

Define Geo statistics, Geo statistics: The body of methods useful for unde...

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

Bayes factor, Bayes factor : A summary of evidence for the modelM1 against ...

Bayes factor : A summary of evidence for the modelM1 against the another modelM0 provided by the set of data D, which can be used in the model selection. Given by the ratio of post

What is the expectation of the number of tosses required, Question 1 A box...

Question 1 A box contains 20 fuses of which 5 are defective If 2 fuses are chosen together at random what is the probability that both the fuses are defective? Question 2 A c

Mixture experiment, Mixture experiment is an experiment in which the two o...

Mixture experiment is an experiment in which the two or more ingredients are blended together to form an end product. The measurements are taken on the several blends of the ingre

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