Time series, Advanced Statistics

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stationary time series

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Cross-sectional study, A study not involving the passing of time. All infor...

A study not involving the passing of time. All information is collected at the same time and subjects are contacted only once. Many surveys are of this type. The temporal sequence

Draw histogram of income, The skewness is a measure of asymmetry and as it ...

The skewness is a measure of asymmetry and as it is positive at 4.29, it is greater than zero which reveals that the tail extends to the right indicating the distribution to be mor

Alternative hypothesis, The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H...

The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H0: β 2 = 0, Β i = 0 The Alternative Hypothesis - H1: β0 ≠ 0, H0: β 1 ≠ 0, H0: β 2 ≠ 0, Β i ≠ 0      i =0, 1, 2, 3

Direct edacyclic graph, Formal graphical representation of the "causal diag...

Formal graphical representation of the "causal diagrams" or the "path diagrams" where the  relationships are directed but acyclic (that is no feedback relations allowed). Plays an

Factorial designs, Designs which permits two or more questions to be addres...

Designs which permits two or more questions to be addressed in the investigation. The easiest factorial design is one in which each of the two treatments or interventions are p

Multilevel models, Multilevel models are the regression models for the mul...

Multilevel models are the regression models for the multilevel or clustered data where units i are nested in the clusters j, for example a cross-sectional study where students are

Forecast, The particular projection which an investigator believes is most ...

The particular projection which an investigator believes is most likely to give an accurate prediction of the future value of some process. Commonly used in the context of the anal

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

An approach to investigations designed to recognize a particular medical condition in the large population, usually by means of a blood test, which might result in the considerable

Explain labour force survey, Labour force survey : This survey carried out ...

Labour force survey : This survey carried out in the UK on the quarterly basis since the spring of year 1992. It covers 60 000 households and gives labour force and other detail

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