Category: Learning modules

By Indra Giri & Priya Chetty on October 10, 2017 2 Comments

Monte Carlo simulation is an extension of statistical analysis where simulated data is produced. This method uses repeated sampling techniques to generate simulated data.

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By Avishek Majumder & Priya Chetty on October 10, 2017 2 Comments

Variable returns to scale (VRS) is a type of frontier scale used in data envelopment analysis (DEA). It helps to estimate efficiencies whether an increase or decrease in input or outputs does not result in a proportional change in the outputs or inputs respectively (Cooper, Seiford, & Zhu, 2011).

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By Priya Chetty on October 4, 2017 6 Comments

Time series analysis works on all structures of data. It comprises of methods to extract meaningful statistics and characteristics of data. Time series test is applicable on datasets arranged periodically (yearly, quarterly, weekly or daily).

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By Avishek Majumder & Priya Chetty on September 22, 2017 7 Comments

The previous article depicts the analysis and interpretation of the Input oriented multi-staged constant returns to scale (CRS). Output oriented multi-staged Constant returns to scale data envelopment analysis (CRS-DEA) is, however, based on a different principle.

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By Soumya Srivastava on September 21, 2017 1 Comment

MATLAB provides various ways in which a user can access help within the software for better understanding of the functions. Similarly, many search options are provided to search text, characters and functions in the software in order to fix errors and avoid bugs.

 
By Priya Chetty on September 18, 2017 No Comments

Nested loop with for, are popular command as it implies that the number of iterations are fixed and are known before applying. It is well known that R is preferably used for manipulating large sets of data, which consists of matrix, data frames and lists.

 
By Priya Chetty on September 14, 2017 No Comments

Framework matrices helps to summarize results of Sources material. They provide a grid in the form of rows and columns to condense source materials. A framework matrices grid is displayed in the below figure.

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By Avishek Majumder on September 5, 2017 13 Comments

The findings for Multi-stage based CRS are analyzed and presented. The interpretations are on the basis of input-oriented multi-staged CRS DEA analysis.

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