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Q: A software-costing model that bases cost estimates upon statistical data such as so?
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What is the statistical model for factorial design under randomized complete block design?

reference for factorial completly randomised design


What is a quantitative model?

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."


What is CASTHY?

An optical and statistical model is what CASTHY is.Specifically, the model can be found among the Nuclear Energy Agency's data bank of computer program services. The optical model offers calculations of neutron cross-sections in terms of total, shape elastic scattering and compound nucleus formation. The statistical model provides capture, compound elastic, and inelastic cross-sections. The model also supplies calculations for capture gamma-ray spectra and cross-sections of competing processes.Whatever the calculation, the computer language is Fortran-77 and -90.


Consequences of autocorrelation?

The answer will depend on the level of statistical knowledge that you have and, unfortunately, we do not know that. The regression model is based on the assumption that the residuals [or errors] are independent and this is not true if autocorrelation is present. A simple solution is to use moving averages (MA). Other models, such as the autoregressive model (AR) or autoregressive integrated moving average model (ARIMA) can be used. Statistical software packages will include tests for the existence of autocorrelation and also applying one or more of these models to the data.


What is a response variable?

In a statistical model, you have two kinds of variable. Response variables are the "outputs" of your model. Explanatory variables, on the other hand, are the "inputs" of your model. Response variables are dependent on the explanatory variables. Explanatory variable are independent of the response variables.Imagine you were trying to formulate a statistical model of your car's fuel economy. The "output" of your model is miles per gallon (or kilometres per litre). That's your response variable. "Inputs" into your model might be (for example) engine capacity, number of cylinders, tyre pressure, etc. These are your explanatory variables. That is, fuel economy may be, or is, (to be determined by the modeling) dependent on engine capacity and/or number of cylinders and/or tyre pressure, etc.after the treatment

Related questions

A software-costing modelthat bases cost estimates upon statistical data such as source lines of code is an example of a ------------------costing model?

parametric


What is a statistical model?

a statistical model is a way of representing a real world situation that allows predictions to be made


What are the implications of autocorrelation?

Autocorrelation can lead to biased parameter estimates and inflated standard errors in statistical models. It violates the assumption of independence among residuals, potentially affecting the accuracy of model predictions and hypothesis testing. Detecting and addressing autocorrelation is essential to ensure the validity and reliability of statistical analyses.


What has the author Larry Alan Wasserman written?

Larry Alan Wasserman has written: 'Convex likelihood functions or resistant estimates? An investigation on a generalization of the logistic model' 'Some applications of belief functions to statistical inference'


What are the properties of a statistical model?

36-24-36


What is statistical data in dbms?

A statistical database is a database used for statistical analysis purposes. It is an OLAP instead of OLTP system, although this term precedes that modern decision, and classical statistical databases are often closer to the relational model than the multidimensional model commonly used in OLAP systems today.


What are the advantages and disadvantages of using a statistical model?

The importance of statistical modeling is obvious because we often need modelling for the purpose of prediction, to describe the phenomena and many procdures in statistics are based on assumption of a statistical model. Modeling is also important for statistical inference and make decision about population parameter. M. Yousaf Khan


What is statistical modeling?

A statistical modeling system is exactly what it sounds like it would be. This is a model made up from a bunch of data and statistics.


A statement about the relationship between two or more variables is called?

A statistical model.


What mathematical model is used to calculate project costs?

Parametric Estimates


Can you can make a model related to statistics in maths?

Yes, all statistical models will be related to mathematics.


What has the author Hazel Egner written?

Hazel Egner has written: 'A statistical model of a hardboard mill'