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  2. Efficiency (statistics) - Wikipedia

    en.wikipedia.org/wiki/Efficiency_(statistics)

    [citation needed] The sample mean is thus more efficient than the sample median in this example. However, there may be measures by which the median performs better. For example, the median is far more robust to outliers, so that if the Gaussian model is questionable or approximate, there may advantages to using the median (see Robust statistics).

  3. Exchange value - Wikipedia

    en.wikipedia.org/wiki/Exchange_value

    He famously claimed to find that what's left is that all commodities have value (or "labor-value"), the abstract labor time needed to produce it. That is, all commodities are social products of labor, created and exchanged by a community, with each commodity producer contributing his or her time to the societal division of labor. Each commodity ...

  4. Labor theory of value - Wikipedia

    en.wikipedia.org/wiki/Labor_theory_of_value

    This is because in contrast to the constant capital expended on means of production, variable capital can add value in the labor process. The amount it adds depends on the duration, intensity, productivity and skill of the labor-power purchased: in this sense, the buyer of labor-power has purchased a commodity of variable use.

  5. Socially necessary labour time - Wikipedia

    en.wikipedia.org/wiki/Socially_necessary_labour_time

    the quantity of labour time socially necessary to produce the appropriate amount of the product, i.e. the amount of a product which at the production price meets the effective demand for it—this quantity defines the correspondence between the total quantity of the commodity produced as use-values and the effective demand for those use-values.

  6. Reaction progress kinetic analysis - Wikipedia

    en.wikipedia.org/wiki/Reaction_progress_kinetic...

    where [A] 0 is the amount, absorbance, or concentration of substrate initially present and [A] t is the amount, absorbance, or concentration of that reagent at time, t. Normalizing data to fractional conversion may be particularly helpful as it allows multiple reactions run with different absolute amounts or concentrations to be compared on the ...

  7. Data transformation (statistics) - Wikipedia

    en.wikipedia.org/wiki/Data_transformation...

    The logarithm also has a useful effect on ratios. If we are comparing positive quantities X and Y using the ratio X / Y, then if X < Y, the ratio is in the interval (0,1), whereas if X > Y, the ratio is in the half-line (1,∞), where the ratio of 1 corresponds

  8. Data analysis - Wikipedia

    en.wikipedia.org/wiki/Data_analysis

    Check relationships between numbers that should be related in a predictable way, such as ratios over time; Normalize numbers to make comparisons easier, such as analyzing amounts per person or relative to GDP or as an index value relative to a base year;

  9. Dependent and independent variables - Wikipedia

    en.wikipedia.org/wiki/Dependent_and_independent...

    Here the independent variable is the dose and the dependent variable is the frequency/intensity of symptoms. Effect of temperature on pigmentation: In measuring the amount of color removed from beetroot samples at different temperatures, temperature is the independent variable and amount of pigment removed is the dependent variable.