Difference between revisions of "Cohort"
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== Definition == | == Definition == | ||
| − | A '''Cohort''' is as statistical concept | + | A '''Cohort''' is as statistical concept indicating that a group (collection, set) of subjects or entities are sharing a defining [[Characteristic]] or attribute |
| + | == Methodology == | ||
| + | Creating cohorts involves the assigning of individual entities according to some mathematical procedure. The particulars depend on the nature of characteristic being considered. | ||
== Examples == | == Examples == | ||
| − | * Temporal Cohorts: Entities that share a common [[Event]] | + | * Temporal Cohorts: Entities that share a common [[Event]], e.g. a [[Time Instant]]. This is an example of constructing cohorts along a one-dimensional characterstic. |
| − | * Spatial Cohorts: Entities that share a common spatial designation | + | * Spatial Cohorts: Entities that share a common spatial designation. This is an example of constructing cohorts along a two-dimensional characteristic. |
== See Also == | == See Also == | ||
| + | * [[Binned Variable]] | ||
* [[Customer Segmentation]] | * [[Customer Segmentation]] | ||
[[Category:Statistics]] | [[Category:Statistics]] | ||
Latest revision as of 14:24, 26 April 2021
Contents
Definition
A Cohort is as statistical concept indicating that a group (collection, set) of subjects or entities are sharing a defining Characteristic or attribute
Methodology
Creating cohorts involves the assigning of individual entities according to some mathematical procedure. The particulars depend on the nature of characteristic being considered.
Examples
- Temporal Cohorts: Entities that share a common Event, e.g. a Time Instant. This is an example of constructing cohorts along a one-dimensional characterstic.
- Spatial Cohorts: Entities that share a common spatial designation. This is an example of constructing cohorts along a two-dimensional characteristic.
