Statistics

Exhaustive, Favourable, Mutually Exclusive, and Equally Likely Cases

  Master Probability Concepts: Exhaustive, Favourable, Mutually Exclusive, and Equally Likely Cases Welcome to the Data Science and AI Lecture Series brought to you by PostNetwork Academy. What Will We Learn? Exhaustive Cases: Understanding the total number of outcomes in a random experiment. Favourable Cases: Identifying outcomes that lead to the occurrence of an event. […]

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Deterministic to Random: The Role of Probability in AI and Data Sc.

  Deterministic to Random: The Role of Probability in AI and Data Science Introduction An experiment refers to an operation or activity that can produce some well-defined outcome(s). Types of experiments: Deterministic Experiments Random (or Probabilistic) Experiments Deterministic Experiments These experiments have a fixed outcome or result, no matter how many times they are repeated

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Spearman’s Rank Correlation Coefficient

Spearman’s Rank Correlation Coefficient Data Science and A.I. Lecture Series Author: Bindeshwar Singh Kushwaha Institute: PostNetwork Academy Need for Spearman’s Rank Correlation Coefficient In many cases, the relationship between variables is not linear, making Pearson’s correlation coefficient unsuitable. Spearman’s Rank Correlation measures the strength and direction of a monotonic relationship between two variables. It is

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Derivation of Correlation Coefficient Property

  Derivation of the Correlation Coefficient Data Science and A.I. Lecture Series   Problem Statement Objective: Derive the formula for the correlation coefficient \( r(X, Y) \): \[ r(X, Y) = \frac{\sigma_X^2 + \sigma_Y^2 – \sigma_{X-Y}^2}{2 \sigma_X \sigma_Y}. \] Definitions: \( \sigma_X^2 \): Variance of \( X \). \( \sigma_Y^2 \): Variance of \( Y

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Independence of Origin and Scale in Correlation Coefficient

Karl Pearson’s Correlation −1≤r(X,Y)≤1

  Prove \( -1 \leq r(X, Y) \leq 1 \) for Karl Pearson’s Correlation Coefficient Data Science and A.I. Lecture Series Author: Bindeshwar Singh Kushwaha Institute: PostNetwork Academy Problem Statement Prove that: \[ -1 \leq r(X, Y) \leq 1 \] The correlation coefficient \( r(X, Y) \) is a measure of the linear relationship between

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Karl Pearson’s Correlation Coefficient Numerical Example

  Karl Pearson’s Correlation Coefficient Learn the step-by-step process of finding the correlation coefficient in statistics. Problem Statement Find the Karl Pearson’s coefficient of correlation between \(X\) and \(Y\) for the given data: \[ \begin{aligned} X &: 6, 2, 4, 9, 1, 3, 5, 8 \\ Y &: 13, 8, 12, 15, 9, 10, 11,

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Independence of Origin and Scale in Correlation Coefficient

Independence of Origin and Scale in Correlation Coefficient

Independence of Origin and Scale in Karl Pearson’s Correlation Coefficient Definition of Correlation Coefficient The correlation coefficient \( r(X, Y) \) is defined as: \[ r(X, Y) = \frac{\text{Cov}(X, Y)}{\sqrt{\text{Var}(X) \cdot \text{Var}(Y)}}. \] Covariance: \[ \text{Cov}(X, Y) = \frac{1}{n} \sum_{i=1}^n (x_i – \bar{X})(y_i – \bar{Y}) \] Variance of \( X \): \[ \text{Var}(X) = \frac{1}{n}

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Definition and Calculation of The Correlation Coefficient Video

The Definition and Calculation of The Correlation Coefficient Data Science and A.I. Lecture Series   1. Definition of Correlation Coefficient The correlation coefficient measures the strength and direction of a linear relationship between two variables. It is denoted by r, and it ranges from -1 to +1: r = +1: Perfect positive correlation. r =

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Why is Covariance Bounded? The Power of Cauchy-Schwarz Inequality Data Science and A.I.

Why is Covariance Bounded? The Power of Cauchy-Schwarz Inequality   Covariance and Standard Deviation Definitions: Sample Covariance: \[ \text{Cov}(X, Y) = \frac{1}{n-1} \sum_{i=1}^n (X_i – \bar{X})(Y_i – \bar{Y}) \] Sample Standard Deviations: \[ \sigma_X = \sqrt{\frac{1}{n-1} \sum_{i=1}^n (X_i – \bar{X})^2}, \quad \sigma_Y = \sqrt{\frac{1}{n-1} \sum_{i=1}^n (Y_i – \bar{Y})^2} \] Cauchy-Schwarz Inequality The Cauchy-Schwarz inequality states:

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