Probability space : Probability space is a mathematical construct used in probability theory to represent the set of outcomes of a random event or experiment. It consists of three components: a sample space, which is the set of all possible outcomes; a set of events, which are subsets of the sample space; and a probability […]

Probability : Probability is a branch of mathematics that deals with the likelihood of events occurring. It is used to determine the chances of certain outcomes occurring in a given situation. Probability is expressed as a number between 0 and 1, with 0 indicating that an event is impossible and 1 indicating that it is […]

Principal Component Analysis (PCA) : Principal Component Analysis (PCA) is a statistical technique used to reduce the number of variables in a dataset while still retaining as much information as possible. It does this by finding a new set of variables, called principal components, that are a combination of the original variables. The principal components […]

Precision : Precision is the degree of accuracy or exactness of a measurement, calculation, or statement. It is an important concept in many fields, including science, engineering, and mathematics, as it allows for more accurate and reliable results. One example of precision is in the field of medicine. In order to diagnose and treat patients […]

Polynomial Regression : Polynomial regression is a type of regression analysis in which the relationship between the independent variable x and the dependent variable y is modeled as an nth degree polynomial. Polynomial regression can be used to model relationships between variables that are not linear. For example, let’s consider a situation where we want […]

Plotly : Plotly is a data visualization and analytics platform that enables users to create interactive charts, graphs, and maps. It is a powerful tool that can be used to display and analyze data in a visually appealing and easy-to-understand way. One example of how Plotly can be used is to create a scatter plot. […]

Platform as a service (PaaS) : Platform as a service (PaaS) is a cloud computing model that provides a platform for users to develop, run, and manage applications without the need for infrastructure maintenance or software installation. PaaS allows businesses to focus on developing and deploying their applications, rather than worrying about the underlying infrastructure. […]

Pearson correlation coefficient : The Pearson correlation coefficient is a measure of the strength and direction of the linear relationship between two continuous variables. It is represented by the symbol “r” and is calculated using the formula: r = ∑ (x – x̄)(y – ȳ) / √(∑ (x – x̄)^2 ∑ (y – ȳ)^2) Where […]

Pattern Recognition : Pattern recognition is a subfield of machine learning that deals with the identification and classification of patterns in data. It involves training a machine learning model to recognize patterns in data and make predictions or decisions based on those patterns. There are many different approaches to pattern recognition, but some common examples […]

Parameter : A parameter is a characteristic or factor that can be varied in order to measure its effect on a particular system or process. In other words, it is a specific value or range of values that can be changed in order to test the impact it has on a particular outcome. There are […]