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Like Hurricanes, Polar Lows Have a Clear Area in Their

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Like hurricanes, polar lows have a clear area in their center.

Understand the concept of big data and its significance in decision making.
Recognize the importance of analytics in extracting meaningful information from large datasets.
Identify the role of crowdsourcing in solving problems and making decisions.
Learn about evidence-based management and the importance of using solid evidence in decision-making processes.

Definitions:

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities which can be assigned to a statistical distribution or to a system without violating any constraint.

Sum of Squares

A statistical measure of the dispersion of observation values given by the sum of the squared differences from the mean.

Error

The difference between a measured or observed value and the true, specified, or theoretically correct value.

Coefficient of Determination

A statistical measure, typically denoted as R², that represents the proportion of the variance in the dependent variable that is predictable from the independent variables.

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