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In statistics and research design, an index is a composite statistic – a measure of changes in a representative group of individual data points, or in other words, a compound measure that aggregates multiple indicators. [1] [2] Indices – also known as indexes and composite indicators – summarize and rank specific observations. [2]
For instance, the product of three factors of two (2×2×2) is "two raised to the third power", and is denoted by 2 3, a two with a superscript three. In this example, the number two is the base, and three is the exponent. [26] In general, the exponent (or superscript) indicates how many times the base appears in the expression, so that the ...
3. Between two groups, may mean that the first one is a proper subgroup of the second one. > (greater-than sign) 1. Strict inequality between two numbers; means and is read as "greater than". 2. Commonly used for denoting any strict order. 3. Between two groups, may mean that the second one is a proper subgroup of the first one. ≤ 1.
Greek letters (e.g. θ, β) are commonly used to denote unknown parameters (population parameters). [3]A tilde (~) denotes "has the probability distribution of". Placing a hat, or caret (also known as a circumflex), over a true parameter denotes an estimator of it, e.g., ^ is an estimator for .
In mathematics, exponentiation, denoted b n, is an operation involving two numbers: the base, b, and the exponent or power, n. [1] When n is a positive integer, exponentiation corresponds to repeated multiplication of the base: that is, b n is the product of multiplying n bases: [1] = ⏟.
The multiplication sign (×), also known as the times sign or the dimension sign, is a mathematical symbol used to denote the operation of multiplication, which results in a product. [ 1 ] The symbol is also used in botany , in botanical hybrid names .
While base ten is normally used for scientific notation, powers of other bases can be used too, [25] base 2 being the next most commonly used one. For example, in base-2 scientific notation, the number 1001 b in binary (=9 d) is written as 1.001 b × 2 d 11 b or 1.001 b × 10 b 11 b using binary numbers (or shorter 1.001 × 10 11 if binary ...
Also confidence coefficient. A number indicating the probability that the confidence interval (range) captures the true population mean. For example, a confidence interval with a 95% confidence level has a 95% chance of capturing the population mean. Technically, this means that, if the experiment were repeated many times, 95% of the CIs computed at this level would contain the true population ...