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Statistics Basics and Probability

The document provides definitions and explanations of common statistical concepts including: - The mean is calculated by adding all numbers and dividing by the number of numbers. - The median is the middle number when values are ordered from lowest to highest. - The mode is the most frequent or common value. - Variance is a measure of how far values spread out from the mean and is calculated using a specific formula. - The range is the difference between the highest and lowest values.

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0% found this document useful (0 votes)
124 views2 pages

Statistics Basics and Probability

The document provides definitions and explanations of common statistical concepts including: - The mean is calculated by adding all numbers and dividing by the number of numbers. - The median is the middle number when values are ordered from lowest to highest. - The mode is the most frequent or common value. - Variance is a measure of how far values spread out from the mean and is calculated using a specific formula. - The range is the difference between the highest and lowest values.

Uploaded by

shreyaxspams
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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