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Omitted covariates is a term generally found in the connection with regression modelling, where the model has been incompletely specified by not including significant covariates. The omission might be due either to an incorrect conceptual understanding of phenomena under study or to an inability to collect the data on all the relevant factors related to the outcome under study. Mis-specifying regression models in this manner can result in seriously biased estimates of effects of the covariates actually included in model.
Basic reproduction number : A term used in the theory of infectious diseases for the number of secondary cases which one case would generate in a completely susceptible population.
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 special cases of the probability distributions in which the random variable's distribution is concentrated at one point only. For instance, a discrete uniform distribution when
Observation-driven model is a term generally applied to models for the longitudinal data or time series which introduce within the unit correlation by specifying the conditional
The Null Hypothesis - H0: γ 1 = γ 2 = ... = 0 i.e. there is no heteroscedasticity in the model The Alternative Hypothesis - H1: at least one of the γ i 's are not equal
Cellular proliferation models : Models are used to describe the growth of the cell populations. One of the example is the deterministic model where N(t) is the number of cel
I want to get the quotation of my on-line assignment its based on 1000 words. lecturer provide the video links and we have to watch the videos and highlights the key points also de
Conjugate prior : The distribution for samples from the particular probability distribution such that the posterior distribution at each stage of the sampling is of the identical f
Inliers is the term used for the observations most likely to be subject to error in situations where the dichotomy is developed by making a ‘cut’ on an ordered scale, and where th
calculate the mean yearly value using the average unemployment rate by month
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