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19 February 2013 Are Averages Typical? Professor Raymond Flood
19 February 2013 Are Averages Typical? Professor Raymond Flood

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... The robust approach to data analysis uses models that do not completely specify the distribution of the data, but rather assume that this distribution belongs to a certain neighborhood of a parametric model. Consequently, robust inference should be valid under all the distributions in these neighbor ...
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Econ 3780: Business and Economics Statistics

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... students to take part in these activities for an eight-week period. A control classroom of 23 third-graders follows the same curriculum without the activities. At the end of the eight weeks, all students are given a Degree of Reading Power (DRP) test, which measures the aspects of reading ability th ...
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... time is based on three ratios: (1) the ratio of the winning percentages between the two teams, (2) the ratio of the overall team batting averages and (3) the ratio of the ERAs between the two starting pitchers. We note that on the day of a MLB game, all three ratios are typically available. Later we ...
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Statistical inference

Statistical inference is the process of deducing properties of an underlying distribution by analysis of data. Inferential statistical analysis infers properties about a population: this includes testing hypotheses and deriving estimates. The population is assumed to be larger than the observed data set; in other words, the observed data is assumed to be sampled from a larger population.Inferential statistics can be contrasted with descriptive statistics. Descriptive statistics is solely concerned with properties of the observed data, and does not assume that the data came from a larger population.
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