Useful tips for everyday
Is the beta binomial distribution a conjugate prior for some sampling distribution? The beta distribution is conjugate prior for the binomial distribution. Is the beta-binomial…
How do you explain the sampling method? Sampling is a process used in statistical analysis in which a predetermined number of observations are taken from…
How do you test for normality and homogeneity of variance? To check for normal distribution and homogeneity of variance you can use Levene’s test. If…
How do you show a time series on Strictly? Definition 3 (Strict stationarity) The time series {Xt,t ∈ Z} is said to be strict stationary…
Can dummy variables be? A dummy variable (aka, an indicator variable) is a numeric variable that represents categorical data, such as gender, race, political affiliation,…
How many sets and reps should I do? Target a rep range of 6 – 12 reps per set. Aim for 3-5 sets. Rest time…
What is renewal process in insurance? If you find that the insurance of your car has got expired or about to expire within few days,…
How to do correlation analysis with two variables in different sample size? Repeat the process until all members of the n2 = 60 has been…
Are ANOVA methods any different from regression methods? All Answers (13) There is no difference, ANOVA is simply a special case of regression analysis where…
How is the Dirichlet process different from the distribution? While the Dirichlet distribution is parameterized by a discrete distribution G 0 and generates samples that…