X Axis
Definition of X Axis
X Axis – The X Axis is the horizontal line on a graph that indicates the independent variable.
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Objective Function
ByDavis
Definition of Objective Function An objective function (in machine learning) is a mathematical formula used to calculate the relative merit of each possible solution to a problem. The objective function takes into account the inputs and outputs of a problem, as well as any constraints that may exist. It then calculates a score for each…
Standardized Score
ByDavis
Definition of Standardized Score A standardized score is a score that has been adjusted to account for the distribution of scores in the data set. This adjustment allows comparisons of scores from different data sets.
Serial Correlation
ByDavis
Definition of Serial Correlation Serial correlation is a measure of how much two variables are related to each other over time. Serial correlation is often used in time series analysis to determine if there is a trend or pattern in the data.
Kurtosis
ByDavis
Definition of Kurtosis Kurtosis: A measure of the peakedness or flatness of a distribution, Kurtosis is determined by calculating the fourth moment of the distribution about its mean. Distributions with high kurtosis are more peaked than those with low kurtosis, while distributions with low kurtosis are more spread out. How is Kurtosis used? Kurtosis is…
T-distribution
ByDavis
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.
K-means clustering
ByDavis
Definition of K-means clustering K-means clustering: K-means clustering is a data mining algorithm used to partition a set of data points into k clusters. Data is divided into clusters based on the similarities of the points within each cluster. This algorithm is often used to segment customers into different groups for marketing purposes. How is…