Tag: statistics
Sampling Distribution
What is a sampling distribution
A sampling distribution is a function that shows how a statistic varies across different samples of data drawn from a...
Bailor
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...
Backtesting
DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and...
Standard Deviation
In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is...
CPI – Consumer Price Index
The consumer price index (CPI) is metric that denotes prices of goods and services including food items, transportation, medical care, and others used by...
Canadian Overnight Money Market Rate
What is 'Canadian Overnight Money Market Rate' A measure or estimate of the rate at which major dealers are able to arrange...
Canadian Institute Of Actuaries (CIA)
What is 'Canadian Institute Of Actuaries - CIA' The Canadian Institute of Actuaries, or CIA, is an organization of the actuarial profession...
National Bank
What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...
Quartile
DefinitionA quartile is a type of quantile. The first quartile is defined as the middle number between the smallest number and the median of...
Quarterly Services Survey
Quarterly Services Survey What is 'Quarterly Services Survey ' A survey produced quarterly by the Census Bureau that provides estimates of...