A ceteris paribus clause is simply a stipulation added to a conditional claim to prevent it from being technically false without explicitly listing all preconditions and possible exceptions, e.g. "being rich is better than being poor, other things being equal" (so if poverty turned out to offer some spiritual advantages the claim does not apply).

Ceteris Paribus Plots (What-If Plots) are designed to present model responses around a single point in the feature space. For example around a single prediction for an interesting observation. Plots are designed to work in a model-agnostic fashion, they are working for any Machine Learning model and allow for model comparisons.

Ceteris paribus, a fast horse is better than a slow one. 2. Ceteris paribus, the elimination of excess labor is more substantial in smaller and more highly leveraged firms . 3. Ceteris paribus , any investor who does not need Ceteris Paribus Example. For example, when determining the cause of an increase in demand for a product, we could say that the price of a complementary product increases, Ceteris Paribus, then the demand will decrease. Examples from Classical Literature A curtailment of the volume of money in a country will, ceteris paribus, increase the value of the money of that country.

Example sentences with "ceteris paribus", translation memory. add example. en Ceteris paribus or caeteris paribus is a Latin phrase meaning "other things av L Lindberger · 1952 — example. Still assuming that pc = pi = p a ceteris paribus increase in p may lower the volume of employment, thus having "a multiplier effect, similar to that Many translated example sentences containing "ceteris paribus" – Swedish-English dictionary and search engine for Swedish translations. av J Bondesson · 2016 — the use of, for example, environmental services including recreation. Nature Reserve affect the housing prices positively, ceteris paribus. Swedish translation of ceteris paribus – English-Swedish dictionary and search engine, Swedish Translation.

In this example, the clause is used to operationally Calculate Ceteris Paribus Profiles This function calculates ceteris paribus profiles, i.e. series of predictions from a model calculated for observations with altered single coordinate.

Swedish translation of ceteris paribus – English-Swedish dictionary and search engine, Swedish Translation. Examples (External sources, not reviewed)

This assumes that if you go to the store and apples are 50% off, you’ll buy a bunch more apples. Ceteris paribus definition is - if all other relevant things, factors, or elements remain unaltered.

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. 23. 2.2.4 Text above and other definitions and examples in the literature is the precise meaning of the av AS Sofla — For example, some research provides evidence of lead auditor's heterogeneity H1a [Study I]: Ceteris paribus, there is no association between scepticism and. av A Bolin · 2019 · 35 sidor — The specific difference of that condition, ceteris paribus, would be the shadow price of that attribute. For example, if a nearby Page 14 6 industry would cause one ppm more of sulfur dioxide pollution, near one of the houses, the price difference of the two houses would be the external cost of one ppm sulfur dioxide. English translation, definition, meaning, synonyms, antonyms, examples.

Ceteris-paribus (CP) profiles show how a model’s prediction would change if the value of a single exploratory variable changed. In essence, a CP profile shows the dependence of the conditional expectation of the dependent variable (response) on the values of the particular explanatory variable.
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This would be more difficult to explain if other variables, such as the amount of salt in the water, were taken into account during the explanation. 2020-04-12 · One example of ceteris paribus in economics is when prices go up as demand exceeds supply, when all other factors are disqualified from the analysis, according to Investopedia. "Ceteris paribus" is Latin for "holding other things constant," or "all things being equal." Another example involves an increase in beef prices that results in less beef Example of Ceteris Paribus in Economics An increase in interest rates will ‘ceteris paribus’ cause the demand for loans to fall. (Higher interest rates increase Ceteris paribus – higher oil prices should lead to less demand for oil.

For example, ceteris paribus, high heat applied to water results in the creation of steam. Water is the thing being studied, heat is the variable, and the effect is steam. This would be more difficult to explain if other variables, such as the amount of salt in the water, were taken into account during the explanation.
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Some examples include: If a person has a goal, ceteris paribus, they will pursue the actions needed to fulfill that goal. The ceteris paribus A child who grows up in a psychologically healthy home will, ceteris paribus, become a psychologically healthy adult. A psychological subject will, ceteris

"Ceteris paribus" is Latin for "holding other things constant," or "all things being equal." Another example involves an increase in beef prices that results in … Ceteris Paribus package can plot many explainers in a single panel. This will be useful for multiclass classification. Here we have examples for three classification models: random forest, support vector machines, generalized linear model.