Weighted Average
Definition of Weighted Average
Weighted Average: Weighted average is a calculation that assigns a weight to each value in a set and then calculates the sum of those weights divided by the sum of the weights.
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Network Analysis
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Definition of Network Analysis Network Analysis: Network analysis is the process of studying relationships between entities in a network. Network analysis can be used to understand how information flows through a network, or to identify important nodes in a network.
Confidence Interval
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Confidence Interval: A range of values that is calculated based on sample statistics and is used to measure how accurate a prediction made by a model is likely to be.
Time-Series
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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…
Ensembling
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Definition of Ensembling Ensembling: Ensembling is a technique used in machine learning that consists of combining the predictions of multiple models in order to improve the accuracy of the predictions. What is Ensembling used for? Ensembling is a technique in data science and machine learning in which multiple prediction models are combined to produce a…