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 ...

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Ordinary differential equations (ODEs) are commonly used to model dynamic behavior of a system. Because many parameters are unknown and have to be estimated from the observed data, there is growing ...

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This paper generalizes the work of Godolphin (1977, 1978) for estimating parameters of the moving average model and of the general autoregressive moving average model by solving the approximate log ...