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Roll No - 2129MBA0064
Bayes' theorem is also called Bayes' Rule or Bayes' Law and is the foundation of the field
of Bayesian statistics.
7. Define the statistics used in the U – test and give its mean
Answer:
In statistical theory, a U-statistic is a class of statistics that is especially important in
estimation theory; the letter "U" stands for unbiased. In elementary statistics, U-statistics
arise naturally in producing minimum-variance unbiased estimators.
Many statistics originally derived for particular parametric families have been recognized
as U-statistics for general distributions. In non-parametric statistics, the theory of U-
statistics is used to establish for statistical procedures (such as estimators and tests) and
estimators relating to the asymptotic normality and to the variance (in finite samples) of
such quantities
8. In 30 tosses of a coin the following sequence of heads (H) and tails (T) is obtained H T T
H H H T H H T T H TH H TH HT TH T H HT HT. Define the no. of runs.
No of runs means in a sequence when a transition takes place, each part is called run.
Here number of runs is 18
9. Differentiate between correlation and regression.
Answer:
Regression can be defined as the parameter to explain the relationship between two
separate variables. It is more of a dependent feature where the action of one variable
affects the outcome of the other variable. To put in the simplest terms, regression helps
identify how variables affect each other.
Differences are:
• The regression will give relation to understand the effects that x has on y to change and
vice-versa. With proper correlation, x and y can be interchanged and obtained to get the
same results.
• Correlation is based on a single statistical format or a data point, whereas regression is an
entirely different aspect with an equation and is represented with a line.
• Correlation helps create and define a relationship between two variables, and regression, on
the other hand, helps to find out how one variable affects another.
• The data shown in regression establishes a cause-and-effect pattern when change occurs in
variables. When changes are in the same direction or opposite for both variables, for
correlation here, the variables have a singular movement in any direction.
• In correlation, x and y can be interchanged; in regression, it won’t be applicable.
• Prediction and optimization will only work with the regression method and would not be
viable in the correlation analysis.
• The cause-and-effect methodology would be attempted to establish by regression, whereas
not it.