Sowmya Koneru, Dr. Satya Prasad R


To analyse the data, it must be understood first which is better to be done with best suited model. Decision of best suited model is not an easy task, and there are number of ways in it. One such way is qq-plot, but it is not a quantified measure and time consuming process. In this, the author introduces a quantified measure “correlation factor” and demonstrates its usage to decide the best fit model for data among various models in question.


Keywords: Best fit, qq-plot, correlation factor, MLE, HLD

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