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MAZ experiments: The Mixture-amount experiments which include control tests for which the entire amount of the mixture is set to zero. Examples comprise drugs (some patients do not receive any of formulations being tested) fertilizers (none of fertilizer mixtures are applied to certain plots) and paints/coatings (some of the specimens are not painted/coated).
An approach to decrease the size of very large data sets in which the data are first 'binned' and then statistics such as the mean and variance/covariance are calculated on each bi
Clinical trials : Medical experiments designed to assess which of two or more treatments is much more effective. It is based on one of the oldest philosophy of the scienti?c resear
Range is the difference between the largest and smallest observations in the data set. Commonly used as an easy-to-calculate measure of the dispersion in the set of observations b
Contour plot : A topographical map drawn from data comprising observations on the three variables. One variable is represented on horizontal axis and the second variable is represe
calculate the mean yearly value using the average unemployment rate by month
How has quantitative analysis changed the current scenario in the management world today?
Banach's match-box problem : The person carries two boxes of matches, one in his left and one in his right pocket. At first they comprise N number of matches each. When the person
This is an alternative to the Newton-Raphson technique for optimization (finding out the minimum or the maximum) of some function, which includes replacing the matrix of second der
Cointegration : The vector of not motionless time sequence is said to be cointegrated if the linear combination of the individual series is stationary. Facilitates suitable testing
1) Consider an antenna with a pattern: G(θ,φ) = sinn(θ/θ0) cos(θ/θ0) where θ0 = Π/1.5 (a) What is the 3-dB bandwidth? (b) What is the 10-dB beam width? (c) What is t
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