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Researching Target Markets: Difference between revisions
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* '''[[w:Correlation and dependence|Correlation and dependence]]''' - In [[w:statistics|statistics]], '''dependence''' is any statistical relationship between two [[w:random variable|random variable]]s or two sets of [[w:data|data]]. '''Correlation''' refers to any of a broad class of statistical relationships involving dependence. ( Wikipedia ) | * '''[[w:Correlation and dependence|Correlation and dependence]]''' - In [[w:statistics|statistics]], '''dependence''' is any statistical relationship between two [[w:random variable|random variable]]s or two sets of [[w:data|data]]. '''Correlation''' refers to any of a broad class of statistical relationships involving dependence. ( Wikipedia ) | ||
* '''[[w:bivariate data| | * '''[[w:bivariate data|Bivariate data]]''' is data that has two [[w:Variable (mathematics)|variables]]. ( Wikipedia ) | ||
* '''[[w:statistical inference| | * A '''[[w:scatter plot|Scatter plot]]''', '''scatterplot''', '''scatter diagram''' or '''scattergraph''' is a type of [[w:mathematical diagram|mathematical diagram]] using [[w:Cartesian coordinate system|Cartesian coordinates]] to display values for two [[w:Variable (mathematics)|variable]]s for a set of data. ( Wikipedia ) | ||
* '''[[w:statistical inference|Statistical inference]]''' is the process of drawing conclusions from data that are subject to random variation, for example, observational errors or sampling variation. ( Wikipedia ) | |||
* '''[[w:Independent_variable#Independent_variable|Independent variables]]''' vs. '''[[w:Dependent_variable#Dependent_variable|Dependent variables]]''' | * '''[[w:Independent_variable#Independent_variable|Independent variables]]''' vs. '''[[w:Dependent_variable#Dependent_variable|Dependent variables]]''' | ||
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:::It is a [[w:statistic|statistic]] used in the context of [[w:statistical model|statistical model]]s whose main purpose is either the [[w:Prediction#Statistics|prediction]] of future outcomes or the testing of [[w:hypotheses|hypotheses]], on the basis of other related information. It provides a measure of how well observed outcomes are replicated by the model, as the proportion of total variation of outcomes explained by the model. ( Wikipedia ) | :::It is a [[w:statistic|statistic]] used in the context of [[w:statistical model|statistical model]]s whose main purpose is either the [[w:Prediction#Statistics|prediction]] of future outcomes or the testing of [[w:hypotheses|hypotheses]], on the basis of other related information. It provides a measure of how well observed outcomes are replicated by the model, as the proportion of total variation of outcomes explained by the model. ( Wikipedia ) | ||
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Further studies in statistics - MET8LF001-11 Mon-Fri - [[w:statistical inference]] | Further studies in statistics - MET8LF001-11 Mon-Fri - [[w:statistical inference]] | ||