Reasons for screening data, Advanced Statistics

Assignment Help:

Reasons for screening data

  •     Garbage in-garbage out
  •     Missing data

    
    a. Amount of missing data is less crucial than the pattern of it.

  • If randomly scattered not a problem/ nonrandom patterns limit the use of data (can't generalize results)
  • Extreme values or outliers - cases with extreme values on one or a combination of variables that can potentially distort the results of the analysis. Ascertain that the data fulfills the basic assumptions for statistical techniques:  

 

a. Data being normally distributed
    b. Linear relationship between variables Homoscedasticity

1438_Reasons for screening data.png


Related Discussions:- Reasons for screening data

Expected-utility maximizer, There are two periods. You observe that Jack co...

There are two periods. You observe that Jack consumes 100 apples in period t = 0, and 120 apples in period t = 1. That is, (c 0 ; c 1 ) = (100; 120) Suppose Jack has the util

LASPEYERES QUANTITY INDEX, HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND T...

HOW TO OBTAIN THE LASPEYRES QUANTITY INDEX AND THE FORMULA

Functional data analysis, The analysis of data which are the functions obse...

The analysis of data which are the functions observed continuously, for instance, functions of time. Basically a collection of statistical techniques or methods for answering quest

Wilcoxon''s ranksum test, Wilcoxon's ranksum test is the distribution free...

Wilcoxon's ranksum test is the distribution free method or technique used as an alternative to the Student's t-test for assessing whether two populations have the same location. G

Explain normal approximation, Normal approximation : Normal distributions w...

Normal approximation : Normal distributions which approximate other distributions; such as, a normal distribution with the mean np and variance np(1 - p) which acts as an approxima

Explain lancaster models., Lancaster models : The means of representing the...

Lancaster models : The means of representing the joint distribution of the set of variables in terms of the marginal distributions, supposing all the interactions higher than a par

What is the expectation of the number of tosses required, Question 1 A box...

Question 1 A box contains 20 fuses of which 5 are defective If 2 fuses are chosen together at random what is the probability that both the fuses are defective? Question 2 A c

Define percentile, Percentile : The set or group of divisions which produce...

Percentile : The set or group of divisions which produce exactly 100 equal parts in the series of continuous values, like blood pressure, height, weight, etc. Hence a person with b

Markov chains.., a shop is selling laptops at regular price and at half pri...

a shop is selling laptops at regular price and at half price.If the laptops are regular price a day they will be at regular price tha day after with proba 2/3, if the laptops are a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd