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Which Term Refers to 'The Use of Data,statistical Algorithms and Machine

question 73

Multiple Choice

Which term refers to 'the use of data,statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data'?


Definitions:

Z Distribution

The Z distribution is a normal distribution that has been standardized so that it has a mean of 0 and a standard deviation of 1; it's also known as the standard normal distribution.

Probability

A quantification of the chance of an event taking place, assigned a value between 0, which denotes that the event is impossible, and 1, which denotes absolute certainty of the event happening.

Uniform Distribution

A type of probability distribution where all outcomes are equally likely over a certain range.

Electronics Test

A process or methodology applied to identify the functionality, reliability, and performance of an electronic device or system.

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