
Statistical Measure
A statistical measure is a numerical value that describes a characteristic of a dataset. It provides a way to summarize and analyze large amounts of data. Common statistical measures include measures of central tendency (mean, median, mode), measures of dispersion (range, variance, standard deviation), and measures of correlation (covariance, correlation coefficient). These measures are used to understand the distribution of data, identify outliers, and make predictions based on patterns in the data. In data science, statistical measures are used to analyze and interpret data, build predictive models, and make data-driven decisions.
Your Previous Searches
Random Picks
- Targeting Options: Targeting options refer to the various methods and criteria used to select a specific audience for a marketing campaign or advertisement. In data science and artificial intelligence, targeting options are often used in the context of digita ... Read More >>
- Non-volatile Memory: Non-volatile memory (NVM) is a type of computer memory that can retain stored information even after power is turned off. NVM is used in applications where persistent storage is required, such as in solid-state drives (SSDs), USB flash driv ... Read More >>
- HDMR: High Dimensional Model Representation (HDMR) is a mathematical technique used in Data Science to represent complex models in a simpler form. It decomposes a high-dimensional function into a sum of lower-dimensional functions, where each fun ... Read More >>
Top News
Employees were already freaked out about AI — Amazon just proved them right...
Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....
News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...
Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...
News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...
Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...
News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...
Andy Jassy expects the company’s workforce to decline in the next few years....
News Source: Fortune on 2025-06-17
Bank of America is bullish on these 4 under-the-radar AI stocks...
Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....
News Source: Business Insider on 2025-06-17