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- Dictionarynominal/ˈnɒmɪnl/
adjective
- 1. (of a role or status) existing in name only: "Thailand retained nominal independence under Japanese military occupation" Similar Opposite
- 2. (of a price or charge) very small; far below the real value or cost: "they charge a nominal fee for the service" Similar Opposite
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3 days ago · Phenomena such as nominal morphology and relativization are typically controlled by the absolutive relation, defined as a union of {S, P} resulting from a P-based generalization. Other phenomena such as the second person imperative deletion and a gap control in compound (coordinate) sentences involve as a pivot the subject relation, defined as an {S, A} grouping resulting from an A-based ...
5 days ago · Terminology. The term originates from the Latin inflare (to blow into or inflate). Conceptually, inflation refers to the general trend of prices, not changes in any specific price. For example, if people choose to buy more cucumbers than tomatoes, cucumbers consequently become more expensive and tomatoes less expensive.
2 days ago · Clear and simple definitions in American English from Britannica's language experts. More usage examples than any other dictionary.
3 days ago · A pie chart shows the relationship of parts to the whole for a categorical variable by depicting a circle, or pie, divided into segments. The size of each segment, or slice of the pie, represents the proportional contribution of a specific category to the whole.
2 days ago · The normal distribution is a theoretical distribution of values for a population. Often referred to as a bell curve when plotted on a graph, data with a normal distribution tends to accumulate around a central value; the frequency of values above and below the center decline symmetrically.
23 hours ago · Machine learning methods are increasingly used for rotating machinery monitoring. Usually at system set up, only data of the machinery in healthy conditions, the so-called nominal data, are available for the machine learning phase. This type of training data enables fault detection capabilities and several methods such as Gaussian Mixture Model, One Class Support Vector Machines and Auto ...
4 days ago · The Chi-square test of independence checks whether two variables are likely to be related or not. We have counts for two categorical or nominal variables. We also have an idea that the two variables are not related. The test gives us a way to decide if our idea is plausible or not.
2 days ago · It’s a measure of the total monetary value of all final goods and services produced within a country during a specific period (usually a year or quarter). Unlike real GDP, which uses constant prices, nominal GDP reflects the actual market prices of goods and services in that specific year.
2 days ago · Step 1/6 Understand the definitions of each scale of measurement. - Nominal: Categorizes data without a specific order (e.g., brand names). - Ordinal: Categorizes data with a specific order but without consistent differences between categories (e.g., size as small, medium, large).
4 days ago · The nominal value, or face value, of a share, is usually assigned when the stock is issued. Also called the par value, the nominal value of the share is its redemption price and is generally stated on the front of that stock.
