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Post stratification adjustment: One of the most often used population weighting adjustments used in the complex surveys, in which weights for the elements in a class are multiplied by a factor so that total sum of the weights for the respondents in the class equals the population sum for the class. The technique is broadly used in household surveys to control the weighted sample totals to known population totals for particular demographic subgroups. For instance, in the US National Health Interview Survey, post stratification by sex, age, and race is employed.
Monty Hall problem : A apparently counter-intuitive problem in the probability which gets its name from the TV game show, 'Let's Make a Deal' hosted by the Monty Hall. On show a pa
The Null Hypothesis - H0: There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1: There is heteroscedasticity i.e. β 1 0 Reject H0 if |t | > t = 1.96
#explanation of methods of collection of data..
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HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA
National lotteries : Games of chance held to heave money for particular causes. The first held in the UK took place in the year 1569 principally to raise money for repair of the Ci
Laplace distribution : The probability distribution, f(x), given by the following formula Can be derived as the distribution of the difference of two independent random var
An oil company thinks that there is a 60% chance that there is oil in the land they own. Before drilling they run a soil test. When there is oil in the ground, the soil test comes
It is used generally for the matrix which specifies a statistical model for a set of observations. For instance, in a one-way design with the three observations in one group, tw
Completeness : A term applied to a statistic t when there is only one function of that the statistic which can have the given expected value. If, for instance, the one function of
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