Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.
A form of regression analysis where the relationship between the independent variable and the dependent variable is modeled as an nth degree polynomial.
A mathematical framework used to analyze strategic interactions where the outcomes depend on the actions of multiple decision-makers.
A tree-like model of decisions and their possible consequences, used in data mining and machine learning for both classification and regression tasks.
The spread and pattern of data values in a dataset, often visualized through graphs or statistical measures.
The study of the principles that govern human behavior, including how people respond to stimuli and learn from their environment.
Recency, Frequency, Monetary (RFM) analysis is a marketing technique used to evaluate and segment customers based on their purchasing behavior.
A theory in economics that models how rational individuals make decisions under risk by maximizing the expected utility of their choices.
A digital replica of a physical entity, used to simulate, analyze, and optimize real-world operations.