Z-score: A z-score is a statistic that measures how far a particular observation is from the mean, in standard deviations.
Definition of Database Management System Database Management System: A Database Management System (DBMS) is a software system that enables users to create and manage databases. A DBMS typically consists of a graphical user interface (GUI), a database engine, and a storage mechanism. The GUI allows users to create and modify database structures, enter and edit…
Definition of Supervised Learning Supervised Learning: Supervised learning is a type of machine learning algorithm where the computer system is provided with a set of training data, and the task is to learn how to predict the correct output values for new data. The algorithm is “supervised” because each answer it provides is validated by…
Definition of Jacobian Jacobian: The Jacobian is a matrix that calculates the derivatives of a given function at a certain point in space. What is Jacobian used for? Jacobian is a matrix of partial derivatives used in calculus and vector calculus to help determine the local maxima or minima of a function. It is a…
Ad Hoc Analysis is an exploratory analysis technique used to uncover patterns or relationships in a dataset. Often times this work is performed “Ad Hoc” or “On The Fly”… meaning it it done in the moment.
Bayesian Inference is a statistical method of using prior knowledge and data to generate probabilities about future events.