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Ordinary least squares regression of Okun's law.Since the regression line does not miss any of the points by very much, the R 2 of the regression is relatively high.. In statistics, the coefficient of determination, denoted R 2 or r 2 and pronounced "R squared", is the proportion of the variation in the dependent variable that is predictable from the independent variable(s).
Peak ground acceleration (PGA) is equal to the maximum ground acceleration that occurred during earthquake shaking at a location. PGA is equal to the amplitude of the largest absolute acceleration recorded on an accelerogram at a site during a particular earthquake. [1]
The most familiar measure of dependence between two quantities is the Pearson product-moment correlation coefficient (PPMCC), or "Pearson's correlation coefficient", commonly called simply "the correlation coefficient". It is obtained by taking the ratio of the covariance of the two variables in question of our numerical dataset, normalized to ...
The moment generating function of a real random variable is the expected value of , as a function of the real parameter . For a normal distribution with density f {\textstyle f} , mean μ {\textstyle \mu } and variance σ 2 {\textstyle \sigma ^{2}} , the moment generating function exists and is equal to
There are two important aspects of a Gage R&R: Repeatability: The variation in measurements taken by a single person or instrument on the same or replicate item and under the same conditions. [1] Reproducibility: the variation induced when different operators, instruments, or laboratories measure the same or replicated specimen. [1]
[10] since there is typically a 10% difference between the two methods for a power plant burning natural gas. For simply benchmarking part of a reaction the LHV may be appropriate, but HHV should be used for overall energy efficiency calculations if only to avoid confusion, and in any case, the value or convention should be clearly stated.
Elasticity of substitution is the ratio of percentage change in capital-labour ratio with the percentage change in Marginal Rate of Technical Substitution. [1] In a competitive market, it measures the percentage change in the two inputs used in response to a percentage change in their prices. [2]
It is the intersection of a relevant product market and a relevant geographic market. The European Commission defines a relevant market and its product and geographic components as follows: [ 1 ] A relevant product market comprises all those products and/or services which are regarded as interchangeable or substitutable by the consumer by ...