Oblique Rotation
Definition of Oblique Rotation
Oblique Rotation: Oblique rotation is a type of rotation that is not perpendicular to the plane of rotation.
Oblique Rotation: Oblique rotation is a type of rotation that is not perpendicular to the plane of rotation.
Definition of Feature Selection Feature Selection: Feature selection is the process of choosing which features (or attributes) of a data set to use in order to solve a problem. This is an important step in data science, as it can help reduce the complexity of a problem and improve the accuracy of predictions or models….
Definition of Interpretability Interpretability: Interpretability is a measure of how easily a model’s predictions can be explained to humans. Models that are easy to interpret are more likely to be trusted and used in decision-making processes. Why does Interpretability matter? Interpretability is an important factor in how effective data science and machine learning tools are….
Definition of Monte Carlo method The Monte Carlo method is a mathematical technique used to calculate the probability of an event by simulating many possible outcomes. How is the Monte Carlo method used? The Monte Carlo method is a numerical approach in which problems are solved by performing random sampling. It is used to solve…
Definition of Mean Absolute Error Mean Absolute Error (MAE) is a measure of the accuracy of predictions made by a model. It is computed by taking the average of the absolute differences between the predicted values and the actual values for each observation. How is Mean Absolute Error used? Mean Absolute Error (MAE) is a…
Definition of Multivariate Multivariate: Multivariate refers to a dataset or analysis that considers more than one variable at a time. For example, in a multivariate analysis, you might examine the relationship between height and weight in order to understand how they are related. How is Multivariate used? Multivariate analysis is a collection of techniques used…