Sentences with phrase «unit variance»
"Unit variance" refers to when the values of a set of data points are spread out or distributed evenly around the average value. It measures how much the data points vary or deviate from the mean. If a dataset has unit variance, it means that the variability of the data points is standardized or normalized. Full definition
Provided a high level of customer service by tracking forecast - to - actual unit variances and offer additional revisions to the demand plan.
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Second, the graphs PAGES and Julien show are composites constructed, as is common in climate studies, by averaging series that have been normalized to have zero mean and unit variance.
Each proxy record was standardized to have unit variance and zero mean over a 1902 - 1971 calibration period, and equal weight was applied to all proxy records in the analysis.