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Is it a new statistical term?
These wizards of finance, it turned out, didn't understand the intricacies of risk, let alone the dangers posed by "fat-tail distributions" – a statistical term for rare events with huge consequences, sometimes called "black swans".
The word has morphed from a precise statistical term to an all-purpose phrase that stresses the illogic and coincidence of life.
If you remember any of your high school statistics class, you'll know that's a big-time difference (disclaimer: not an official statistical term).
If you hit your goal 99.9997% of the time, you have achieved "six sigma", a statistical term describing the degree of variation.
He analyzed historical stock-price movements and came to the conclusion that stock prices follow a ""—a statistical term that is used to describe a data series whose mean and variance changes over time and is therefore essentially unpredictable.
Similar(36)
We compared our initial additive model with a more statistically robust model that included statistical terms to account for short-term temporal autocorrelation (AR model).
How 'unbelievable' is this in statistical terms?
In statistical terms, these are virtually the same.
In purely statistical terms, it signifies an improvement.
He was hitting.39955 that morning, which in baseball statistical terms rounds off to.400.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com