Kurtosis
by Kurtosis is a statistical measure that defines how heavily the tails of a distribution differ …
Month: December 2022
Skewness, Concept, Examples, Types and Methods
Skewness, Concept, Examples, Types and Methods
Measures of Dispersion, Meaning, Characteristics, Classifications, Absolute and Relative
Measures of Dispersion, Meaning, Characteristics, Classifications, Absolute and Relative
Geometric Mean Properties, Applications and Limitations
A geometric mean is a mean or average which shows the central tendency of a …
Harmonic Mean Characteristics, Applications and Limitations
A simple way to define a harmonic mean is to call it the reciprocal of …
Arithmetic Mean
The arithmetic mean,’ mean or average is calculated by summing all the individual observations or …
Percentiles
Percentile is in everyday use, but there is no universal definition for it. The most …
Quartile Deviation
The Quartile Deviation is a simple way to estimate the spread of a distribution about …
Median Characteristics, Applications and Limitations
The median of a set of data values is the middle value of the data …
Mode: Characteristics, Applications and Limitations
The mode is a statistical term that refers to the most frequently occurring number found …