The PPCC plot is formed by:
That is, for a series of values of the shape parameter, the correlation coefficient is computed for the probability plot associated with a given value of the shape parameter. These correlation coefficients are plotted against their corresponding shape parameters. The maximum correlation coefficient corresponds to the optimal value of the shape parameter. For better precision, two iterations of the PPCC plot can be generated; the first is for finding the right neighborhood and the second is for fine tuning the estimate.
The PPCC plot is used first to find a good value of the shape parameter. The probability plot is then generated to find estimates of the location and scale parameters and in addition to provide a graphical assessment of the adequacy of the distributional fit.
The PPCC plot answers the following questions:
- What is the best-fit member within a distributional family?
- Does the best-fit member provide a good fit (in terms of generating a probability plot with a high correlation coefficient)?
- Does this distributional family provide a good fit compared to other distributions?
- How sensitive is the choice of the shape parameter?
Read more about this topic: Probability Plot Correlation Coefficient Plot
Other articles related to "definition, definitions":
... In medical dictionaries, definitions should to the greatest extent possible be simple and easy to understand, preferably even by the general public useful ...
... ESPN launched its 720p high-definition simulcast, originally branded as ESPNHD, on March 20, 2001 ... along with most live events on ESPN, use high definition ... Footage from non-HD sources is presented in a standard definition, 43 format with stylized pillarboxes ...
... to be the components of plants that resist human digestive enzymes, a definition that includes lignin and polysaccharides ... The definition was later changed to also include resistant starches, along with inulin and other oligosaccharides ... Official definition of dietary fiber differs a little among different institutions Organization (reference) Definition Institute of Medicine Dietary fiber ...
... what is now one of the most widely recognised definitions "Sustainable development is development that meets the needs of the present without ... It offers an integrated vision and definition of strong sustainability ... It generates a more nuanced definition of sustainable development “the need to ensure a better quality of life for all, now and into the future, in a just and equitable manner ...
... These three definitions may be described as the ethno-linguistic definition, the religious-cultural definition, and the patrilineal definition, respectively ...
Famous quotes containing the word definition:
“The definition of good prose is proper words in their proper places; of good verse, the most proper words in their proper places. The propriety is in either case relative. The words in prose ought to express the intended meaning, and no more; if they attract attention to themselves, it is, in general, a fault.”
—Samuel Taylor Coleridge (17721834)
“The physicians say, they are not materialists; but they are:MSpirit is matter reduced to an extreme thinness: O so thin!But the definition of spiritual should be, that which is its own evidence. What notions do they attach to love! what to religion! One would not willingly pronounce these words in their hearing, and give them the occasion to profane them.”
—Ralph Waldo Emerson (18031882)
“Was man made stupid to see his own stupidity?
Is God by definition indifferent, beyond us all?
Is the eternal truth mans fighting soul
Wherein the Beast ravens in its own avidity?”
—Richard Eberhart (b. 1904)