Statistics is a branch of math that involves the collection, description, analysis, and inference of conclusions from quantitative data. But what is a statistic? Let’s find out. The word statistic is ...

Nonparametric statistics refer to a statistical method in which the data are not assumed to come from prescribed models that are determined by a small number of parameters. Examples of such models ...

Parameter Estimates and Associated Statistics The following example uses the fitness data from Example 55.1. Figure 55.27 shows the parameter estimates and the tables from the SS1, SS2, STB, CLB, COVB ...

General Statistics Examples Example 8.13: Parameter Estimation for a Regression Model with ARMA Errors Nonlinear estimation algorithms are required for obtaining estimates of the parameters of a ...

Because classical statistics concern conditional probabilities of data based on assumed true parameter values (namely, the plausibility of the observed or more extreme data, given our assumptions ...