Examlex
"LED" stands for:
Predict the Value
The process of using information from existing data or a statistical model to estimate or forecast the value of an unknown variable.
ANOVA
Analysis of Variance, a statistical method used to compare the means of three or more samples to see if at least one is significantly different from the others.
Factor Analysis
A statistical approach aimed at uncovering the foundational variables, or factors, responsible for the correlations seen among various observed variables.
Path Analysis
A statistical method employed to explain the directional dependencies between multiple variables.
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