The paper presents a study of the comparative and contrasting features of the standard formalism and the generalized formalism associated with the mathematical framework of the Spacer component matrices and related set of mathematical elements, the analytical results are presented and numerically demonstrated using an appropriate case study.

Keywords : Spacer Matrix Components, the Core Component Matrix Associated with the Spacer Component Matrices, Correlation Component Matrices and their Building-Block Matrices, Completely Positive Trace Preserving Transformations, the Standard and Generalized Formalism Associated with the Mathematical Framework of Spacer Component Matrices