Integrated Economic Statistics, Advanced Statistics

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Advantages and disadvantages of Integrated Economic Statistics

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Explain Geographical information system (gis), Geographical information sys...

Geographical information system (gis): The software and hardware configurations through which the digital georeferences are processed and displayed. Used to recognize the geograph

Explain information theory., Information theory: This is the branch of app...

Information theory: This is the branch of applied probability theory applicable to various communication and signal processing problems in the field of engineering and biology. In

Multivariate analysis of variance, Multivariate analysis of variance is th...

Multivariate analysis of variance is the procedure for testing equality of the mean vectors of more than two populations for the multivariate response variable. The method is dire

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Probability distribution : For the discrete random variable, a mathematical formula which provides the probability of each value of variable. See, for instance, binomial distributi

Fisher''s scoring method, This is an alternative to the Newton-Raphson tech...

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

Cumulative frequency distribution, The tabulation of a sample of observatio...

The tabulation of a sample of observations in terms of numbers falling below particular values. The empirical equivalent of the growing probability distribution. An example of such

Explain kurtosis, Kurtosis: The extent to which the peak of the unimodal p...

Kurtosis: The extent to which the peak of the unimodal probability distribution or the frequency distribution departs from its shape of the normal distribution, by either being mo

Explain response surface methodology (rsm), Response surface methodology (R...

Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat

Dorfman scheme, An approach to investigations designed to recognize a parti...

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Adjusted r-squared, R-squared is regarded as the coefficient of determinati...

R-squared is regarded as the coefficient of determination and is used to give the proportion of the fluctuation of the variance of one variable to another variable. R-squared also

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