Tölfræðilíkana
Tölfræðilíkana is an Icelandic term that translates to statistical modeling. It encompasses the broad field of using mathematical models to represent and understand statistical data. These models are essential tools for analyzing complex datasets, identifying patterns, and making predictions. Statistical modeling relies on a variety of techniques, including regression analysis, time series analysis, and classification algorithms, to extract meaningful insights from data.
The primary goal of tölfræðilíkana is to infer relationships between variables and to quantify the uncertainty
The process typically involves selecting an appropriate model based on the nature of the data and the