Efficiency, Advanced Statistics

Assignment Help:

This term applied in the context of comparing the different methods and techniques of estimating the same parameter; the estimate with the lowest variance being regarded as the most efficient. It is also used when comparing competing experimental designs, with one of the design being more efficient than another if it can attain the same accuracy with fewer resources.


Related Discussions:- Efficiency

Individual differences, Individual differences scaling is a form of multid...

Individual differences scaling is a form of multidimensional scaling applicable to the data comprising of a number of proximity matrices from the different sources that is differe

Expert systems, The computer programs designed to mimic the role of the exp...

The computer programs designed to mimic the role of the expert human consultant. This type of systems are capable to cope with the complex problems of the medical decision makin

Exponential family, A family of the probability distributions of the form g...

A family of the probability distributions of the form given as   here θ is the parameter and a, b, c, d are the known functions. It includes the gamma distribution, normal dis

Alternative hypothesis, The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H...

The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H0: β 2 = 0, Β i = 0 The Alternative Hypothesis - H1: β0 ≠ 0, H0: β 1 ≠ 0, H0: β 2 ≠ 0, Β i ≠ 0      i =0, 1, 2, 3

Mortality odds ratio, Mortality odds ratio  is the ratio equivalent to the ...

Mortality odds ratio  is the ratio equivalent to the odds ratio used in case-control studies where the equivalent of the cases are deaths from the cause of interest and the equival

Higher criticism, Higher criticism is a multiple-comparison test concept a...

Higher criticism is a multiple-comparison test concept arising from the situation where there are number of independent tests of significance and interest lies in the rejecting jo

Ljung-box q-test, The Null Hypothesis - H0: There is no autocorrelation ...

The Null Hypothesis - H0: There is no autocorrelation The Alternative Hypothesis - H1: There is at least first order autocorrelation Rejection Criteria: Reject H0 if LBQ1 >

Categorizing continuous variables, Categorizing continuous variables : A pr...

Categorizing continuous variables : A practice which involves the conversion of the continuous variables into the series of the categories, which is common in the field of medical

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd