Observational Study: Observational study is a study in which data is collected without affecting the participants.
Definition of Joint Probability Joint Probability: Joint probability is a measure of the likelihood that two or more events will occur simultaneously. It is calculated by multiplying the individual probabilities of each event. For example, if there is a 50% chance of rain on any given day and a 40% chance of a thunderstorm, the…
Definition of Decision Decision: A decision is a choice that is made between two or more possibilities. What are Decisions used for? Decisions are used to make choices or reach conclusions. They are a crucial part of the data science and machine learning process, since they allow us to make decisions based on information collected…
Definition of Y-combinator Y-combinator: The Y-combinator is a function that takes a function and returns another function. The returned function takes two arguments: a number n and a list xs of length n. It returns the first element of xs if n is 0 or 1, and the product of the first two elements of…
Definition of Nonlinear Nonlinear: Nonlinearity means that the output of a system is not proportional to the input. In data science, this can often manifest as curved lines when graphing data points, rather than a straight line. Nonlinear systems can be more difficult to model and predict future outcomes.
Artificial intelligence (AI) is the ability of a computer program to learn from data, recognize patterns and make decisions with minimal human intervention
Definition of Prediction Prediction: A prediction is a statement made about the future, typically based on data and statistical models. In data science, this is often done through the use of machine learning algorithms that are trained on historical data.