Statistics
Definition of Statistics
Statistics: Statistics is the practice of collecting, analyzing, and drawing conclusions from data.
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Interpretability
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Definition of Interpretability Interpretability: Interpretability is a measure of how easily a model’s predictions can be explained to humans. Models that are easy to interpret are more likely to be trusted and used in decision-making processes. Why does Interpretability matter? Interpretability is an important factor in how effective data science and machine learning tools are….
Markov Chain
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Definition of Markov Chain A Markov chain is a mathematical model for sequences of random events, where the probability of any event depends only on the immediately preceding event. How is Markov Chain used? Markov Chain is a type of machine learning algorithm that uses probability to model complex systems. It is based on the…
Jordan Canonical Form
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Definition of Jordan Canonical Form Jordan Canonical Form: A Jordan Canonical Form is a matrix representation of a square matrix that has the property that all of the eigenvalues are real and distinct. Jordan Canonical Form is a mathematical process used to find a rational solution to a polynomial equation. A Brief Overview of Jordan…
Laplace Approximation
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Definition of Laplace Approximation Laplace Approximation: The Laplace approximation is a method used in mathematics to approximate the value of a function. It is named after the mathematician Pierre-Simon Laplace, who first proposed it in 1774. The approximation is based on the assumption that the function is smooth, which means that it can be approximated…