Bivariate Analysis is the examination of two sets of data, typically in order to identify any correlations between them. This can be used to inform further analysis, or to gain a better understanding of the data itself.
Definition of Exact Match Exact Match: Exact match is a term used in data science to describe a type of search algorithm that compares two strings of text and determines whether or not they are an exact match. What is an Exact Match used for? An Exact Match is a type of data matching algorithm…
Definition of Type II Error Type II error: A type II error, also known as a false negative error, is the incorrect acceptance of a false null hypothesis.
Definition of E-commerce E-commerce: E-commerce is a term for the buying and selling of goods and services over the internet. It usually refers to the sale of goods and services by businesses to consumers, but can also describe the purchase of goods and services by businesses from other businesses. What things should be considered when…
Definition of Scatterplot Scatterplot: A scatterplot is a graphical representation of data in which the points are plotted on a coordinate plane. The data is usually displayed as a series of points, with each point representing a pair of values. The value on the x-axis is typically the independent variable, while the value on the…