Nicholas T. Longford
Abstract
Abstract Variance components provide a compact description of the contexts present in the studied problem. In the simplest models, the influence of each context is identified with a contribution to the overall variance. Observations within contexts are correlated, and their correlation depends on the relative sizes of the variance components.
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Abstract Variance components provide a compact description of the contexts present in the studied problem. In the simplest models, the influence of each context is identified with a contribution to the overall variance. Observations within contexts are correlated, and their correlation depends on the relative sizes of the variance components.
Key concepts: Variance (accounting), Variance components, Context (archaeology), One-way analysis of variance, Variance-based sensitivity analysis, Statistics, Econometrics, Mathematics