error statistics

  • 41Bootstrapping (statistics) — In statistics, bootstrapping is a modern, computer intensive, general purpose approach to statistical inference, falling within a broader class of resampling methods.Bootstrapping is the practice of estimating properties of an estimator (such as… …

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  • 42Mean percentage error — In statistics, the mean percentage error (MPE) is the computed average of percentage errors by which estimated forecasts differ from actual values of the quantity being forecast. Formula for mean percentage error calculation is: where at is the… …

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  • 43Multivariate statistics — is a form of statistics encompassing the simultaneous observation and analysis of more than one statistical variable. The application of multivariate statistics is multivariate analysis. Methods of bivariate statistics, for example simple linear… …

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  • 44Forecast error — In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series or any other phenomenon of interest. In simple cases, a forecast is compared with an outcome at a single time point… …

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  • 45Deviance (statistics) — In statistics, deviance is a quality of fit statistic for a model that is often used for statistical hypothesis testing. The deviance for a model M0 is defined as Here denotes the fitted values of the parameters in the model M0, while denotes the …

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  • 46Dummy variable (statistics) — In statistics and econometrics, particularly in regression analysis, a dummy variable (also known as an indicator variable) is one that takes the values 0 or 1 to indicate the absence or presence of some categorical effect that may be expected to …

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  • 47Circular error probable — In the military science of ballistics, circular error probable (CEP) (also circular error probability or circle of equal probability[1]) is an intuitive measure of a weapon system s precision. It is defined as the radius of a circle, centered… …

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  • 48Unsolved problems in statistics — There are many longstanding unsolved problems in mathematics for which a solution has still not yet been found. The unsolved problems in statistics are generally of a different flavor; according to John Tukey, difficulties in identifying problems …

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  • 49Standard Error — The standard deviation of the sampling distribution of a statistic. Standard error is a statistical term that measures the accuracy with which a sample represents a population. In statistics, a sample mean deviates from the actual mean of a… …

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  • 50Replication (statistics) — In engineering, science, and statistics, replication is the repetition of an experimental condition so that the variability associated with the phenomenon can be estimated. ASTM, in standard E1847, defines replication as the repetition of the set …

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