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Negative binomial distribution is the probability distribution of number of failures, X, before the kth success in the sequence of Bernoulli trials where the probability of success at each trial is p and probability of failure is q =1-p. The distribution can be given as follows The mean, skewness, variance, and kurtosis of the distribution are as follows: Often used to model over the dispersion in count data.
This term sometimes is applied to the model for explaining the differences found between naturally happening groups which are greater than those observed on some previous occasion;
A construction for events that happen in some planar area a, consisting of the series of 'territories' each of which comprises of that part of a closer to the particular event xi t
Blinder Oaxaca method: A method or technique used for assessing the effect of the role of income on racial wealth gap. The method or technique is based on the decomposition of the
Briefly explain the importance of forecasting for managers?
Kendall's tau statistics : The measures of the correlation between the two sets of rankings. Kendall's tau itself (τ) is the rank correlation coefficient based on number of inversi
Records on the computer manufacturing process at Pratt-Zungia Limited show that the percentage of defective computers sent to customers has been 5% over the last few years. Shipme
Item-total correlation is an extensively used method for checking the homogeneity of the scale made up of number of items. It is simply the Pearson's product moment correlation c
Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul
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Dr. Stallter has been teaching basic statistics for many years. She knows that 80% of the students will complete the assigned problems. She has also determined that among those who
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