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Machine learning is a term which literally means the ability of a machine to recognize patterns which have occurred repetitively and to improve its performance based on the past experience. In essence this reduces to the study of computer algorithms improve automatically through experience. The computer program is said to learn from the past experience E with respect to some class of tasks T and performance gauge P, if its performance at tasks in T, as measured by P, gets improves with experience E. Machine learning is inherently a multidisciplinary field by making use of results and techniques from probability and statistics, information theory , computational complexity theory etc; it is closely related to the pattern recognition and artificial intelligence and is broadly used in modern data mining.
Lie factor : A measure suggested by Tufte for judging the honesty of the graphical presentation of data. Which can be calculated as follows The values close to one are desir
Continual reassessment method: An approach which applies Bayesian inference for determining the maximum tolerated dose in a phase I trial. The method starts by assuming a logistic
Option-3 scheme is a scheme of measurement used in the situations investigating possible changes over the time in longitudinal data. The scheme is planned to prevent measurement o
Principal factor analysis is the method of factor analysis which is basically equivalent to a principal components analysis performed on reduced covariance matrix attained by repl
Completeness : A term applied to a statistic t when there is only one function of that the statistic which can have the given expected value. If, for instance, the one function of
replacement problem
Zero sumgame is a game played by the number of persons in which the winner takes all stakes given by the losers so that the algebraic sum of gains at any stage is zero. Number of
I need you to help me for Business Statistics class with homework quizzes. Can you help to do it?
The skewness is a measure of asymmetry and as it is positive at 4.29, it is greater than zero which reveals that the tail extends to the right indicating the distribution to be mor
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