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Labour force survey: This survey carried out in the UK on the quarterly basis since the spring of year 1992.
It covers 60 000 households and gives labour force and other details for about 120 000 people aged 16 and over it. The survey takes coverage of not only unemployment, but employment, hours of work, redundancy, self- employment, education and training.
Omitted covariates is a term generally found in the connection with regression modelling, where the model has been incompletely specified by not including significant covariates.
Latent class analysis is a technique of assessing whether the set of observations including q categorical variables, in specific, binary variables, consists of the number of diffe
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
You and your team have been hired as strategic consultants by the hugely successful retailer known as “Cutie Pie”. The company sells many products, although one product in particul
Mantel Haenszel estimator is an estimator of assumed common odds ratio in the series of two-by-two contingency tables arising from the different populations, for instance, occ
Coincidences : Astonishing concurrence of the events, perceived as meaningfully related, with no apparent causal connection. Such type of events abounds in everyday life and is oft
5. Packages from a machine a normally distributed with a mean 200g and its standard deviation 2grams. Find the probability that a package from the machine weighs a) Less than
The Null Hypothesis - H0: γ 1 = γ 2 = ... = 0 i.e. there is no heteroscedasticity in the model The Alternative Hypothesis - H1: at least one of the γ i 's are not equal
Reciprocal transformation is a transformation of the form y =1/x, which is specifically useful for certain types of variables. Resistances, for instance, become conductances, and
A test for equality of the variances of the two populations having normal distributions, based on the ratio of the variances of the sample of observations taken from each. Most fre
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