Characteristics of data in statistics, Basic Statistics

Assignment Help:

Important Characteristics of Data

  • Center - The representative or average value which indicates where the middle of the data is located.

 

  • Variation - the measure of the amount which the data values vary among themselves.

 

  • Distribution - The nature and shape of the distribution of the data (such as uniform bell-shaped, or skewed).

 

  • Outliers - Sample values which lie very far away from vast majority of the other sample values.

 

  • Time - Changing the characteristics of the data over time.

 


Related Discussions:- Characteristics of data in statistics

Psy1110 Module 2, Which of the following does Utts consider a disaster in s...

Which of the following does Utts consider a disaster in sampling?sk question #Minimum 100 words accepted#

Calculate operational variances -planning variances, You have recently join...

You have recently joined XYZ, an international company that produces a wide range of office supplies and stationary goods. In your new role as Group Management Accountant your firs

Yujhug, An electron, an alpha-particle and a proton have the same kinetic e...

An electron, an alpha-particle and a proton have the same kinetic energy. Which one of these particles has the largest de-Broglie wavelength ?

Bad debt reserve, Explain definition of bad debt reserve and provision in t...

Explain definition of bad debt reserve and provision in terms of accounts receivable likely to be uncollected. Bad debt reserve provision Bad debt reserve provision is a amount

Closing Stock , How to calculate closing stock in Tally while we are postin...

How to calculate closing stock in Tally while we are posting with inventory.

Velocity, A car moves with constant velocity along a straight road. Its pos...

A car moves with constant velocity along a straight road. Its position is x1 = 0m at t1 = 0 seconds and is x2 = 56 m at t2 = 5.0 s. what is the cars position at t=2.5 seconds and

Benefits of financial sales, Expertsmind.com offering Uses of Financial Ac...

Expertsmind.com offering Uses of Financial Accounting Financial Accounting Sales performs important and useful part by creating the details for offering solutions to many conc

Nuclear spin, Nuclear spin All nucleons (protons or neutrons) are spin par...

Nuclear spin All nucleons (protons or neutrons) are spin particles. They have spin odd half multiple of h = (h/2p) they follow Fermi disc statistics or Pauli’s exclusion principle

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd