Examlex
A 5-card hand is dealt from a deck of 52 cards. What is the probability that a) all are from the same suit?
b) all are hearts?
c) exactly 2 are spades?
Trend Significance
The measure of how meaningful or impactful a trend is within a dataset, often determined through statistical analysis.
Exponential Smoothing Model
A time series forecasting method for univariate data that smoothes past observations using an exponential window function.
Double Exponential Smoothing
A forecasting technique that applies two levels of smoothing to capture trends in time series data more accurately than single exponential smoothing.
Slope Significance
The statistical importance of the slope coefficient in a linear regression model, indicating whether the independent variable has a meaningful impact on the dependent variable.
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