Quantile
Definition of Quantile
Quantile: Quantile refers to a specific percentage of data that is below and above a given value.
Quantile: Quantile refers to a specific percentage of data that is below and above a given value.
Definition of Serial Correlation Serial correlation is a measure of how much two variables are related to each other over time. Serial correlation is often used in time series analysis to determine if there is a trend or pattern in the data.
Definition of Facet Facet: A facet is a property or attribute of an object that can be measured or quantified. In data science, facets are often used to group and filter data sets based on specific criteria. For example, a data set might be grouped by country of origin, age group, or income level. How…
Business Intelligence (BI) is the process of gathering, organizing, and analyzing data to help business leaders make better decisions. BI can include everything from analyzing sales data to tracking customer…
Definition of Time-Series Time-Series: A time-series is a sequence of data points, usually measured at successive points in time. Time-series analysis is the process of examining these data points in order to identify and understand trends and patterns. Time-series data can be used to predict future events, track performance over time, or measure the impact…