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Prospective study: The studies in which individuals are followed-up over the period of time. A general example of this type of investigation is where the samples of individuals are exposed and not exposed to the possible risk factor for a specific disease, are followed forward in time to determine what effects occur to them with respect to the illness under the investigation. At the end of the appropriate time period a comparison of the incidence of the disease between the exposed and non-exposed is made. A classic instance of such a study is that undertaken among the British doctors in the 1950s, to examine the relationship between smoking and death from the lung cancer. All the clinical trials are prospective.
Collapsing categories : A procedure generally applied to contingency tables in which the two or more row or column categories are combined, in number of cases so as to yield the re
Martingale: In the gambling context the term at first referred to a system for recouping losses by doubling the stake after each loss has occured. The modern mathematical concept
(a) You are trying to develop a strategy for investing in two different stocks, Stock A and Stock B. The anticipated annual return for a $1000 investment in each stock under four
Interval-censored observations are the observations which often occur in the context of studies of time elapsed to the particular event when subjects are not monitored regularl
Chebyshev's inequality: A statement about the proportion of the observations which fall within some number of the standard deviations of the mean for any of the probability distri
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
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
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Complier average causal effect (CACE): The treatment effect amid true compliers in the clinical trial. For the suitable response variable, the CACE is given by the difference in o
The risk of being able to recognize the respondent's confidential information in the data set. Number of approaches has been proposed to measure the disclosure risk some of which c
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