Definitions for "Occam's Razor"
"Do not unnecessarily multiply explanatory entities." The philosophical and scientific rule stating that the simplest of two or more competing theories or explanations is preferable.
"Entia non sunt multiplicanda praeter necessitatem." Latin for "Entities should not be multiplied more than necessary." That is, the fewer assumptions on which an explanation of a phenomenon depends, the better it is; A rule in science and philosophy stating that the simplest of two or more competing theories is more likely to be correct
The principle that the simplest of explanations is most often the correct explanation.
Offline OLAP (OnLine Analytical Processing) OLE (Object Linking and Embedding) OMS (Opportunity Management System) One to One Marketing Online Operational marketing Ordinal Categorical Predictor Outlier Outlier Analysis Overfitting
The simplification or removal of undue complexity, for the purpose of improving clarity.