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Option-3 scheme is a scheme of measurement used in the situations investigating possible changes over the time in longitudinal data. The scheme is planned to prevent measurement outliers causing the unexpected rise in falsely claiming that a change in the data has occurred.
Two measures are taken in the beginning and, if they are closer than a particular threshold, the average of the two is considered to be the estimate of the true mean; or else the third measurement is made, and the mean of closest 'pair' is considered to be the estimate.
Hi , Im currently taking the course Financial Econometrics of Master of Finance at RMIT. I find it really difficult to understand the course''s material and now im having the majo
Hurdle Model: The model for count data which postulates two processes, one generating the zeros in the data and one generating positive values. The binomial model decides the bina
Biplots: It is the multivariate analogue of the scatter plots, which estimates the multivariate distribution of the sample in a few dimensions, typically two and superimpose on th
Economic Interpretation of the Optimum Simplex solution
(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
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
what are tests for residual with nonconstant variance in regression diagnostic checking?
This graph for Cross Correlation Function for RES1, RES1 shows that there is possibly negative autocorrelation as there are alternating spikes; also the first spike is negative whi
The probability distribution which is a linear function of the number of component probability distributions. This type of distributions is used to model the populations thought to
1. The production manager of Koulder Refrigerators must decide how many refrigerators to produce in each of the next four months to meet demand at the lowest overall cost. There i
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