Tag: drift

  • What is the key difference between Type I and Type II Error (MSA)?

    What is the key difference between Type I and Type II Error (MSA)?

    I am not interested in knowing the difference between good and bad. I am interested in knowing the difference between good and great: Aaron Sorkin Introduction In the novel ‘The Comedy of Error’ by William Shakespeare, two twin characters create mistaken identity and Humour for the readers. In many movies, the twin characters create confusion…

  • What is the key difference between Bias and Linearity (MSA)?

    What is the key difference between Bias and Linearity (MSA)?

    The difference between ordinary and extraordinary is that little extra: Jimmy Johnson Introduction As we grow in age, our preferences, taste and choices changes. We do not realize but the skin of our body changes over time. We always have a fondness for one person over another irrespective of whether there is any logic or…