Examlex
A transaction processing system is characterized by its ability to:
Variance
A measurement of the spread between numbers in a data set, signaling how far each number in the set is from the mean.
MSE
Mean Squared Error, a measure of the average squared differences between the estimated values and the actual value, indicating the quality of an estimator.
SSE
Sum of Squares due to Error, a measure used in statistical analysis to quantify the discrepancy between the observed and predicted data values.
Factorial Design
An experimental design method used in statistics that allows the investigation of the effects of multiple factors by varying them together.
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