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A radically different approach of dealing with the uncertainty than the traditional probabilistic and the statistical methods. The necessary feature of the fuzzy set is a membership function which assigns the grade of membership between 0 and 1 to each and every member of the set.
Mathematically the membership function of a fuzzy set A is a mapping from a space χ to unit interval As the memberships take their values in the unit interval, it is appealing to think of them as probabilities; though, memberships do not follow the laws of probability and it is possible to permit an object to simultaneously hold the nonzero degrees of membership in sets traditionally considered to be mutually exclusive.
The methods which are derived from the theory have been proposed as an alternatives to traditional statistical methods in areas like quality linear regression, control and forecasting, though they have not met with the universal acceptance and a number of statisticians have commented that they could not found any solution using such an approach which could not have been achieved as least as effectively using the probability and statistics.
Briefly explain the importance of forecasting for managers?
Continuous variable : The measurement which is not restricted to the particular values except in so far as this is constrained by the accuracy of measuring instrument. General exam
The time series for RESI1, HI1 and COOK1 have appeared again with different outlier values even though the 17 outliers found early were removed.
how to calculate the semi average method when 8 observations are given?
Please help with following problem: : Let’s consider the logistic regression model, which we will refer to as Model 1, given by log(pi / [1-pi]) = 0.25 + 0.32*X1 + 0.70*X2 + 0.
Window estimates is a term which occurs in the context of the both frequency domain and time domain estimation for the time series. In the previous it generally applies to weights
Suppose that $4 million is available for investment in three projects. The probability distribution of the net present value earned from each project depends on how much is invest
Intercropping experiments are the experiments including growing two or more crops at same time on the same patch of land. The crops are not required to be planted nor harvested at
Minimization is the method or technique for allocating patients to the treatments in clinical trials which is usually the acceptable alternative to random allocation. The procedur
Bartlett decomposition : The expression for the random matrix A which has a Wishart distribution as the product of the triangular matrix and the transpose of it. Letting each of x
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