Tag: statistical
Objective Probability
What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...
Taguchi Method Of Quality Control
What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the...
R
What is 'R' 1. An occasional fifth letter in a Nasdaq-traded company's ticker symbol that identifies the stock as a rights offering....
Z-Test
What is a 'Z-Test' A z-test is a statistical test used to determine whether two population means are different when the variances...
T-Test
What is a 'T-Test' A t-test is an analysis of two populations means through the use of statistical examination; a t-test with...
P-Value
DefinitionIn statistical hypothesis testing, the p-value or probability value or asymptotic significance is the probability for a given statistical model that, when the null...
T Distribution
What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from...
Z-Score
What is a 'Z-Score' A Z-score is a numerical measurement of a value's relationship to the mean in a group of values....
A Priori Probability
What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...
Zaraba method
What is ‘Zaraba method'
Zaraba method is a method of matching orders that involves using an auction-like process to trade securities. The orders are organized...