Correlation analysis refers to the application of statistical analysis and other mathematical techniques to evaluate or measure the relationships between variables. It can be used to identify the most likely set of factors that will lead to a particular outcome — such as a client responding to an offer or the performance of financial markets.
The word encode has meanings such as “encoding”, "encryption" or “symbolization” and basically involves the conversion of signals and data according to certain rules.
Backpropagation is a fundamental algorithm used in the learning process of artificial neural networks. This algorithm allows neural networks to learn how to optimize the weights needed to solve a problem.
The concept of making money from data refers to businesses making money in creative ways from data obtained on a daily basis in recent years.
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