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 Population Population: A population is the complete set of all individuals or items under consideration. In statistics, a population is often described by its parameters, such as its mean and standard deviation. The population can also simply be defined as the entire set of items or cases to be studied.
Definition of Labeling Labeling: Labelling is the process of attaching a label, or name, to a particular instance of data. This can be done manually, or through automated means. Labels can be used to help identify and group data, as well as to track changes over time. How is Labeling used? Labeling is an important…
Definition of Data Frame Data Frame: A data frame is a rectangular table of data consisting of rows and columns. The data in each column has the same type, and the order of the columns is defined by the programmer. What is a Data Frame used for? A data frame is a two-dimensional data structure…
Definition of Decision Tree Decision Tree: A decision tree is a graphical representation of a decision process, used to help explain the logic of a decision. The tree has nodes, which represent choices, and branches, which represent the possible outcomes of each choice. The leaves of the tree represent the end results of the decision…
Definition of Exact p-value Exact p-value: The Exact p-value is the probability of obtaining a test statistic at least as extreme as the one that was actually observed, assuming that the null hypothesis is true. What is Exact p-value used for? Exact p-values are used to help assess the strength of evidence for a hypothesis…