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In the Bayesian (or epistemological) interpretation, probability measures a "degree of belief". Bayes' theorem links the degree of belief in a proposition before and after accounting for evidence. For example, suppose it is believed with 50% certainty that a coin is twice as likely to land heads than tails.
The sum of squares of residuals, also called the residual sum of squares: The total sum of squares (proportional to the variance of the data): The most general definition of the coefficient of determination is. In the best case, the modeled values exactly match the observed values, which results in and R2 = 1.
Oxfam found that in 2023 the wealthiest 10% of people were responsible for 50% of global emissions, while the bottom 50% were responsible for just 8%. Production of emissions is another way to look at responsibility: under that approach, the top 21 fossil fuel companies would owe cumulative climate reparations of $5.4 trillion over the period ...
e. Technology readiness levels ( TRLs) are a method for estimating the maturity of technologies during the acquisition phase of a program. TRLs enable consistent and uniform discussions of technical maturity across different types of technology. [1] TRL is determined during a technology readiness assessment ( TRA) that examines program concepts ...
A metric prefix is a unit prefix that precedes a basic unit of measure to indicate a multiple or submultiple of the unit. All metric prefixes used today are decadic. Each prefix has a unique symbol that is prepended to any unit symbol. The prefix kilo-, for example, may be added to gram to indicate multiplication by one thousand: one kilogram ...
e. In economics, the Gini coefficient ( / ˈdʒiːni / JEE-nee ), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality [3] within a nation or a social group. It was developed by Italian statistician and sociologist ...