Univariate
Definition of Univariate
Univariate: A univariate analysis is a data analysis technique that considers only one variable at a time.
Univariate: A univariate analysis is a data analysis technique that considers only one variable at a time.
Definition of Data Preparation Data preparation: Data preparation is the process of getting data ready for analysis. This often includes cleaning up the data, removing outliers, and transforming it into a form that is suitable for the analysis that will be performed. Why is a Data Preparation process used? What is it good for? Data…
Definition of Resampling Resampling: Resampling is a technique used in data science to create new datasets from existing ones. It involves selecting a subset of the data to be used in the new dataset, and then randomly selecting samples from that subset. This process is repeated multiple times to create a new dataset that is…
A continuous variable is a mathematical construct that can take on any value within a given range. In contrast, discrete variables can only take on specific, discrete values. Continuous variables are important…
Absolute Error is the difference between the predicted value and the actual value.
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…
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…