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Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. [4]
In another usage in statistics, normalization refers to the creation of shifted and scaled versions of statistics, where the intention is that these normalized values allow the comparison of corresponding normalized values for different datasets in a way that eliminates the effects of certain gross influences, as in an anomaly time series. Some ...
Model selection is the task of selecting a model from among various candidates on the basis of performance criterion to choose the best one. [1] In the context of machine learning and more generally statistical analysis, this may be the selection of a statistical model from a set of candidate models, given data.
The Portable Format for Analytics (PFA) is a JSON-based predictive model interchange format conceived and developed by Jim Pivarski. [ citation needed ] PFA provides a way for analytic applications to describe and exchange predictive models produced by analytics and machine learning algorithms.
Example of data collection in the biological sciences: Adélie penguins are identified and weighed each time they cross the automated weighbridge on their way to or from the sea. [ 1 ] Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to ...
Several algorithms exist to help with analysis of data – Dijkstra's algorithm, breadth-first search, and depth-first search. Link analysis focuses on analysis of relationships among nodes through visualization methods (network charts, association matrix). Here is an example of the relationships that may be mapped for crime investigations: [3]
Tukey defined data analysis in 1961 as: "Procedures for analyzing data, techniques for interpreting the results of such procedures, ways of planning the gathering of data to make its analysis easier, more precise or more accurate, and all the machinery and results of (mathematical) statistics which apply to analyzing data."
In particular, m is a sample median if and only if m minimizes the arithmetic mean of the absolute deviations. [ 7 ] More generally, a median is defined as a minimum of E ( | X − c | − | X | ) , {\displaystyle E(|X-c|-|X|),} as discussed at Multivariate median (and specifically at Spatial median ).
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