Octile
Definition of Octile
Octile: An octile is a statistical value that divides a set of data into eight equal parts.
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Pivot Table
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Definition of Pivot Table A pivot table is a data analysis tool that allows you to reorganize and analyze your data in a new way. With pivot tables, you can group and summarize data by column, or calculate new values based on existing data.
Stata
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Definition of Stata Stata is a software package used for statistical analysis. It is known for its powerful scripting language, which allows users to write custom code to carry out complex analyses. Stata also includes a wide range of built-in commands, making it easy to get started with data analysis.
Unsupervised Learning
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Definition of Unsupervised Learning Unsupervised Learning: Unsupervised learning is a type of machine learning algorithm that does not rely on feedback from humans to learn how to identify patterns in data. These algorithms are typically used to identify patterns in data that have not been labeled or categorized by humans.
Data Mining
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Definition of Data Mining Data Mining: Data mining is the process of extracting valuable information from large data sets. This information can be used to make decisions about business operations, product development, and other strategic initiatives. Data mining involves using sophisticated algorithms to identify patterns and trends in data. What is Data Mining used for?…