Bayesian statistics is a theory in the field of statistics in which the evidence about the true state of the world is expressed in terms of degrees of belief known as Bayesian probabilities. Such an interpretation is only one of a number of interpretations of probability and there are other statistical techniques that are not …

## What is backpropagation?

Backpropagation or the backward propagation of errors is a common method of training artificial neural networks and used in conjunction with an optimization method such as gradient descent. The algorithm repeats a two-phase cycle, propagation, and weight update. When an input vector is presented to the network, it is propagated forward through the network, layer …

## What is Autoencoder?

Autoencoder is an artificial neural network used for unsupervised learning of efficient codings. The aim of an autoencoder is to learn a representation (encoding) for a set of data, typically for the purpose of dimensionality reduction. Recently, the autoencoder concept has become more widely used for learning generative models of data. the simplest form of …

## What is AUC – Area Under the Curve?

AUC stands for the Area Under the Curve. Technically, it can be used for the area under any number of curves that are used to measure the performance of a model, for example, it could be used for the area under a precision-recall curve. However, when not otherwise specified, AUC is almost always taken to …

## What is ANOVA F-test?

Anova F-test in a one-way analysis of variance is used to assess whether the expected values of a quantitative variable within several pre-defined groups differ from each other. For example, suppose that a medical trial compares four treatments. The ANOVA F-test can be used to assess whether any of the treatments is on average superior, …

## What is ANOVA – Analysis of variance?

ANOVA -Analysis of variance is a form of statistical hypothesis testing used in the analysis of experimental data. A test result is called statistically significant if it is deemed unlikely to have occurred by chance, assuming the truth of the null hypothesis. A statistically significant result, when a probability (p-value) is less than a threshold …

## What is ANCOVA – Analysis of covariance?

ANCOVA (Analysis of covariance) is a general linear model which blends ANOVA and regression. ANCOVA evaluates whether population means of a dependent variable (DV) are equal across levels of a categorical independent variable (IV) often called a treatment, while statistically controlling for the effects of other continuous variables that are not of primary interest, known …

## What is Alternative Hypothesis (H1)?

Alternative Hypothesis (H1) is a way of referring to the alternative hypothesis in a scientific experiment or business process improvement initiative. While the null hypothesis (H0) in any experiment or research project is that the connection or conclusion suggested by the experiment is false, the alternative hypothesis (H1) is always the assertion that there is …

## What is A/B Testing

A/B Testing (also known as split testing or bucket testing) is a method of comparing two versions of a web page or app against each other to determine which one performs better. AB testing is essentially an experiment where two or more variants of a page are shown to users at random, and statistical analysis …

## What is 80/20 rule – Pareto rule?

The 80-20 rule (Pareto rule) is a rule of thumb that states that 80% of outcomes can be attributed to 20% of all causes for a given event. In business, the 80-20 is often used to point out that 80% of a company’s revenue is generated by 20% of its total customers. Therefore, the rule …