Useful tips for everyday
What is n in a Poisson distribution? The Poisson Distribution is a special case of the Binomial Distribution as n goes to infinity while the…
Is ROC curve monotonically increasing? By definition, ROC curve is monotone increasing from 0 to 1 and is invariant to any monotone transformation of test…
What is a bootstrap distribution centered at? The bootstrap distribution is obtained by drawing repeated samples from an estimate of the population, computing the statistic…
What is AQ value in Q-learning? Q-Learning is a basic form of Reinforcement Learning which uses Q-values (also called action values) to iteratively improve the…
Is bootstrapping a simulation based method? Bootstrapping is a statistical procedure that resamples a single dataset to create many simulated samples. This process allows you…
What are the different ways that you can compare data sets? Common graphical displays (e.g., dotplots, boxplots, stemplots, bar charts) can be effective tools for…
Are continuous random variables infinite? A continuous random variable is a random variable where the data can take infinitely many values. For example, a random…
What type of cluster is K-means? K-means clustering is a type of unsupervised learning, which is used when you have unlabeled data (i.e., data without…
How would you evaluate a loan applicant? The assessment can be summarised in these six easy steps: Initial criteria. We review the application to make…
How is Anderson-Darling p-value calculated? The p Value for the Adjusted Anderson-Darling Statistic If AD*=>0.6, then p = exp(1.2937 – 5.709(AD*)+ 0.0186(AD*) If 0.34 <…