Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

ABSTRACT Over the years, researchers have developed parametric wind models to depict the surface winds within a tropical cyclone (TC). Most models were developed using data from aircraft flights into ...

Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...

Solve Real-World Problems With Applied Statistics. Applied Statistics is the implementation of statistical methods, techniques, and theories to real-world problems and situations in several fields, ...