Statistical standardization

Statistical standardization

The implementation of standards in the field of statistics.

Industry: Statistics

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Statistical standardization

expected value

Statistics; Statistical standardization

The weighted average of a random variable. To calculate the expected value, multiply the assigned value for each outcome by the probably that outcome will occur.

base rate fallacy

Statistics; Statistical standardization

Also called base rate neglect or base rate bias, the base rate fallacy occurs when an individual does not take into account prior probabilities (base rates) when computing conditional probabilities.

complement

Statistics; Statistical standardization

In a subset A within a given set, the complement of subset A is all the elements in the set that are not elements of subset A.

ecological fallacy

Statistics; Statistical standardization

It is a logical fallacy in the interpretation of statistical data where inferences about the nature of individuals are deduced from inference for the group to which those individuals belong. ...

Techliebe

Technology; Statistical standardization

Techliebe is a brand name of famous website 'www.techliebe.com'. It provides updates on recent technology. It's tagline is "The world of Ubiquitous Technology."

Global Hunger Index

Statistics; Statistical standardization

The Global Hunger Index (GHI) is a multidimensional statistical tool used to describe the state of countries' hunger situation. The GHI measures progress and failures in the global fight against ...

health-adjusted life-expectancy

Statistics; Statistical standardization

The summary measure of the number of years that a person is expected to live in a state of full health, used by the World Health Organization. It aims to represent the overall average levels of the ...