Sampling
Reference
Glossary
- Accuracy
- refers to the variance of the estimate of a parameter; how much does the estimated values scatter around the true value.
- Bias
- Bias is the difference between the true value of a parameter and the expected value of an estimate of that parameter.
- Random Variable
- Fundamental building block in statistics. Refers to a measured or estimated quantity that cannot be known exactly, but has some level of stochastic variation
- Stochastic
- from the greek stokhos, to aim. Refers to unpredictable variation.
- Validation
- ensuring that values entered conform to a specific format or list of values, at the moment the value is entered.
- Verification
- ensuring that two different versions of the data match. E.g. values in the database match the datasheet.
Some useful links
