Explain SERIAL CORRELATION: “As prices vary from day to day, you might expect to see patterns. If the price is high on Monday, you might expect it to be high for a few more days; and if it’s low, you might expect it to stay low. A pattern like this is called serial correlation, because each value is correlated with the next one in the series. To compute serial correlation, we can shift the time series by an interval called a lag, and then compute the correlation of the shifted series with the original... 'Autocorrelation' is another name for serial correlation, used more often when the lag is not 1.”[downey] See also correlation.
Different definitions in web development like serial correlation in Dictionary S.
- Manual Schemat:
- Meaning a mathematical (or probabilistic) relationship that exists between different variables.”[grus] Because “modeling” can mean so many things, the term “statistical modeling” is often used to more serial correlation definition.
- Manual Support Vector Machine:
- Meaning that you want to write a function that draws a line on a two-dimensional x-y graph that separates two different kinds of points—that is, it classifies them into two categories—but you can't serial correlation explain.
- Manual SPSS:
- Meaning statistical software package, or according to the product home page, “predictive analytics software.”[spss] The product has always been popular in the social sciences. The company, founded in 1968 serial correlation what is.
- Manual Standardized Score:
- Meaning score, normal score, z-score. “Transforms a raw score into units of standard deviation above or below the mean. This translates the scores so they can be evaluated in reference to the standard normal serial correlation meaning.
- Manual SQL:
- Meaning query language for relational databases. Variations of this extremely popular language are often available for data storage systems that aren't strictly relational; watch for the phrase “SQL serial correlation abbreviation.
