Statistics formulas

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basic statistics formula

Statistics is the study of the collection, analysis, interpretation, presentation, and organization of the large data. The statistical theory defines a statistic as a function of the sample data where the function itself is independent of the sample’s distribution.

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Measures of Central Tendency: Mean, Median, Mode Explained

Very easy to forget the difference between the mean, the median and the mode. Mean: the average value. Median: the middle value of a list in ranked order.…

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