Observational Study
Definition of Observational Study
Observational Study: Observational study is a study in which data is collected without affecting the participants.
Similar Posts
Econometrics
ByDavis
Definition of Econometrics Econometrics is a quantitative research field in economics that uses mathematical and statistical methods to analyze economic data. What is Econometrics used for? Econometrics is an empirical branch of economics that uses statistical methods to analyze economic data and evaluate theories. It utilizes mathematical models and statistical concepts to study a variety…
Latin Hypercube Sampling
ByDavis
Definition of Latin Hypercube Sampling Latin Hypercube Sampling: Latin Hypercube Sampling (LHS) is a method for constructing a point sample from a probability distribution. The most common use case for LHS is in Monte Carlo simulations, where the goal is to approximate the distribution of a function by taking repeated samples from it. In order…
Growth Curve
ByDavis
Definition of Growth Curve Growth Curve – A growth curve is a graphical representation of the change in some quantity over time. It can show how the quantity changes over the entire range of time being studied, or it can focus on more specific intervals of time. The most common type of growth curve is…
R-squared
ByDavis
Definition of R-squared R-squared: R-squared is a statistic that measures how close the data points in a set are to a regression line (how well a model fits the data). It is a number between 0 and 1, with 1 indicating a perfect correlation and 0 indicating no correlation at all. It is calculated by…
Mutation
ByDavis
Definition of Mutation Mutation: A mutation in data science is an alteration of the data, which can be intentional or accidental. How is Mutation used? Mutation is a term that is used when talking about machine learning algorithms, particularly genetic algorithms. It refers to a process of randomly making changes or modifications to the data…