Apr 27, 2020 | Data Science, Statistics
Measures of Dispersion In statistics, dispersion (also called variability, scatter, or spread) is the extent to which a distribution is stretched or squeezed. (Wikipedia link) It is important to...
Apr 27, 2020 | Data Science, Statistics
Introduction to Descriptive Statistics The branch of statistics concerned with quantitatively describing, visually presenting, or summarizing data is called descriptive statistics. In descriptive...
Apr 23, 2020 | Data Science, Statistics
Median Median is the middle value of the data when the observations are sorted (ascending or descending order) When sorted (ascending or descending), the median splits the data into two halves...
Apr 23, 2020 | Data Science, Statistics
Introduction to Descriptive Statistics Mean, Median, and Mode are the three most common Measures of Central Tendency. They are the commonly used descriptive statistics to describe the data through a...
Apr 23, 2020 | Data Science, Statistics
Mode The most frequently occurring value (or class) in data is called the mode. The mode is the most commonly appearing value in the data distribution. We can use mode as the measure of central...
Apr 22, 2020 | Data Science, Statistics
Types of Variables Knowingly / unknowingly, we all tend to use mathematics and numbers in our day-to-day life for decision-making. We can live with basic mathematics skills for our routine grocery...
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