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Glossary / Lexicon

What is a function (statistics)?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A function (statistic) is a mathematical model that represents a relationship between one or more input variables and an output variable. It describes how the output variable changes, if at all, because of the input variable. In statistics, functions are used to extrapolate and generalize individual data points, resulting in a description of the trend behind the data.
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