Examlex
An important trend for Web 2.0 and beyond is the exponential growth of data through new sensors, such as information added through RFID technology, smartphones, cameras, camcorders, GPS devices, and other sensory input, which are adding far more information than crowdsourcing and social media.
Summary Data
Concise statistical representations of a larger dataset, including measures like mean, median, and standard deviation.
Confidence Interval
A range of values, derived from the sample statistics, that is likely to contain the value of an unknown population parameter.
Confidence Interval
A scope of values, extracted from sample observations, which is anticipated to hold the value of a hidden population parameter.
Sample Size
The tally of data points or observations obtained from a segment of a larger population in a sample.
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