EM, Advanced Statistics

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Decision tree analysis, Ask questioThe finance manager of ‘Softy’ baby soap...

Ask questioThe finance manager of ‘Softy’ baby soap manufacturing company being successful in the first two years of the company’s operations is considering setting up another plan

Data screening, The initial evaluation of the set of observations to see wh...

The initial evaluation of the set of observations to see whether or not they appear to satisfy the hypotheses or assumptions of the methods to be used in their analysis. Techniques

Relative risk, Relative risk is the measure of the association between the...

Relative risk is the measure of the association between the exposure to a particular factor and the risk or probability of a convinced outcome, calculated as follows     therefor

Case-control study, Case-control study : The traditional case-control study...

Case-control study : The traditional case-control study is the common research design in the epidemiology where the exposures to risk factors for cases (individuals getting the dis

Cycle hunt analysis, The procedure for clustering variables in the multivar...

The procedure for clustering variables in the multivariate data, which forms the clusters by performing one or other of the below written three operations: * combining two varia

Continual reassessment method, Continual reassessment method: An approach ...

Continual reassessment method: An approach which applies Bayesian inference for determining the maximum tolerated dose in a phase I trial. The method starts by assuming a logistic

Probability weighting, Probability weighting is the procedure of attaching...

Probability weighting is the procedure of attaching weights equal to inverse of the probability of being selected, to each respondent's record in the sample survey. These weights

Tests for heteroscedasticity, Lagrange Multiplier (LM) test The Null Hy...

Lagrange Multiplier (LM) test The Null Hypothesis - H0: There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1:  There is heteroscedasticity i.e. β 1

Band matrix, Band matrix: A matrix which has its non zero elements arrange...

Band matrix: A matrix which has its non zero elements arranged uniformly near to the diagonal, so that aij = 0 if (i - j)> ml or (j - i)> mu where aij are the elements of matrix a

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