consistent statistic meaning

Adjective: consistent    kun'sistunt (sometimes followed by 'with') in agreement or consistent or reliable "testimony consistent with the known facts"; "I...

Noun: statistic    stu'tistik A datum that can be represented numerically Derived forms: statistics Type of: data point , datum Encyclopedia: Statistic ; [B...

[Economics] The assumption that a rational individual will choose consistently. If set A of goods is preferred to set B, and set B is preferred to set C, then for consistency A must be pre...

Adjective: self-consistent    self kun'sistunt Not self-contradictory See also: consistent Encyclopedia: Self-consistent

Noun: nonparametric statistic A statistic computed without knowledge of the form or the parameters of the distribution from which observations are drawn - distribution free statis...

Noun: parametric statistic Any statistic computed by procedures that assume the data were drawn from a particular distribution Derived forms: parametric statistics Type of: s...

[Economics] See rational expectations

[Economics] See rational expectations

Noun: distribution free statistic A statistic computed without knowledge of the form or the parameters of the distribution from which observations are drawn - nonparametric statis...

[Economics] = (DW) A statistic used to test for autocorrelated disturbances. If z t are the residuals of a series, that is, the differences between the actual series and the valu...