Meaning of chi-by-eye | Babel Free
Definitions
the practice of deciding between statistical models based on a plot, rather than a formal procedure.
Examples
“They deem a fit acceptable if a graph of data and model⟳ "looks good." This approach⟳ is known as chi-by-eye. Luckily, its practitioners get⟳ what they deserve⟳.”
“Their business prospects and earnings are correlated, and this can be observed by visually plotting their stock⟳ prices. Statisticians often call⟳ this "chi by eye."”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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