Untested
Definition of Untested
Untested: Untested refers to an algorithm or technique that has not been used on any data set.
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T-distribution
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Definition of T-distribution The t-distribution is a type of probability distribution that is used to calculate the likelihood of an event occurring. It is a bell curve-like distribution that is used to calculate the standard error of a statistic.
chi-square test
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The Chi-square Test is a statistical hypothesis test used to determine the significance of the difference between the observed and expected values of a given data set. The chi-square statistic is used to …
Covariance
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Covariance is a measure of how two variables change together. It is calculated as the variance of the product of the two variables divided by the product of their standard deviations.
Insights
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Definition of Insights Insights: Insights are the findings or conclusions that are drawn from data. Insights can be used to make better business decisions, understand customer behavior, and track progress on strategic initiatives. What are the types of Insights a business or organization would hope to gain from analyzing data? Data-driven insights can be used…