Editing 2326: Five Word Jargon
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::making more general, as opposed to a specific model | ::making more general, as opposed to a specific model | ||
:;autoregressive | :;autoregressive | ||
β | ::using previous values to predict future values | + | ::using previous values to predict future values. |
:;conditional | :;conditional | ||
::outputs depending on specific inputs (in the sense of, "funding is conditional on meeting targets") | ::outputs depending on specific inputs (in the sense of, "funding is conditional on meeting targets") | ||
β | :; | + | :;heteroskedasticity |
::the property where the variance (that is, the random difference between an expected value and its observed value) itself varies in response to some variable. From Greek, meaning "different dispersion". For example, a graph of expenditure on food against income shows higher randomness at higher income levels, because poor people always eat cheaply, while rich people sometimes do and sometimes don't. | ::the property where the variance (that is, the random difference between an expected value and its observed value) itself varies in response to some variable. From Greek, meaning "different dispersion". For example, a graph of expenditure on food against income shows higher randomness at higher income levels, because poor people always eat cheaply, while rich people sometimes do and sometimes don't. | ||
:;model | :;model |