221 Another Word for Statistical Modeling? – Statistical Modeling Synonyms & Antonyms

Want to say statistical modeling differently? Here are other words for statistical modeling and its similar synonyms and opposite words to say in unique way.


Meaning of statistical modeling

The primary meaning of "statistical modeling" refers to the process of using statistical techniques to develop and apply mathematical models to data for the purpose of making predictions, estimating parameters, and testing hypotheses.

Etymology of statistical modeling

The term "statistical modeling" comes from the combination of "statistics" and "modeling".
The word "statistics" originates from the German word "Statistik", which refers to the study of the state or government.
The word "modeling" comes from the Old French word "modeler", which means to shape or fashion.
The concept of statistical modeling has its roots in the 19th century, when statistical methods were first developed for the purpose of analyzing and interpreting data.

Synonyms

data analysis predictive modeling data science statistical analysis machine learning mathematical modeling econometrics regression analysis time series analysis forecasting data mining business analytics operations research management science decision analysis risk analysis uncertainty analysis sensitivity analysis simulation modeling optimization techniques stochastic processes probabilistic modeling statistical inference hypothesis testing confidence intervals statistical simulation Monte Carlo methods Bayesian analysis frequentist analysis statistical graphics data visualization statistical computing computational statistics biostatistics psychometrics sociometrics econophysics complex systems chaos theory fractal analysis wavelet analysis spectral analysis signal processing pattern recognition neural networks deep learning artificial intelligence statistical machine learning data-driven modeling evidence-based modeling model-based reasoning statistical thinking critical thinking analytical thinking problem-solving decision-making data-driven decision-making informed decision-making.

Definitions

  • Statistical modeling is the process of using statistical techniques to develop and apply mathematical models to data for the purpose of making predictions, estimating parameters, and testing hypotheses.
  • * It involves the use of statistical methods, such as regression analysis, time series analysis, and hypothesis testing, to analyze and interpret data.
  • * The goal of statistical modeling is to identify patterns and relationships in the data and to use this information to make informed decisions.

Usage Examples

  • The company used statistical modeling to forecast sales and make informed decisions about production and inventory.
  • * Statistical modeling is used in medical research to identify risk factors for diseases and to develop new treatments.
  • * The economist used statistical modeling to analyze the impact of economic policies on employment rates and GDP.

Antonyms

non-statistical methods qualitative analysis descriptive analysis exploratory data analysis data description non-quantitative methods non-numerical methods intuitive methods subjective methods anecdotal methods case-study methods historical methods narrative methods thematic analysis content analysis discourse analysis conversation analysis ethnographic methods phenomenological methods hermeneutic methods critical discourse analysis feminist methods post-structuralist methods deconstructionist methods.

Related Adjectives

statistical mathematical computational algorithmic quantitative numerical analytical methodological technical theoretical empirical practical applied theoretical abstract conceptual logical systematic rigorous precise accurate reliable valid robust sensitive specific general universal simple complex linear nonlinear dynamic static deterministic stochastic probabilistic uncertain random chaotic fractal wavelet spectral.

Related Nouns

model data statistics analysis method technique algorithm software programming language framework theory hypothesis parameter estimate prediction forecast simulation optimization inference regression correlation distribution probability sample population variable coefficient intercept slope curve trend pattern relationship association causality interaction effect outcome result conclusion recommendation decision policy strategy plan implementation evaluation validation verification.

Related Verbs

analyze model simulate optimize estimate predict forecast test validate verify evaluate implement recommend decide plan strategize develop design build create formulate specify parameterize calibrate tune refine improve enhance expand extend generalize apply use interpret explain describe summarize report present communicate visualize graph plot chart map display.
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