Hey guys, it’s Chip! Today, let’s talk about categorical data and its types. 🤓 Categorical data is data that represents groups or categories. It is not measured on a continuous scale but rather is qualitative in nature. There are two main types of categorical data: nominal and ordinal. 📊 Nominal data is data in which […]
👋 Hey guys! Today, we’re talking about the mean and some of its variations. Let’s dive in! When someone says “average,” they are usually referring to the mean, which is a way of summarizing all information in a distribution. The mean takes into account all the values in the dataset, and it gives us an […]
👋 Hey guys! Today, we’re talking about the mode and how it compares to the median and mean in terms of the amount of information it provides. Let’s dive in! First, let’s talk about what the mode is. The mode is the value that appears most often in a dataset. It’s a way of describing […]
👋 Hey guys! Today, we’re talking about central tendency and the three most common ways to describe a “typical” value in a distribution. It’s an essential concept in statistics that helps us understand data better. Let’s dive in! First, let’s discuss the three most common ways to describe central tendency. These are the mean, median, […]
👋 Hey guys! Today, we’re talking about central tendency and how it helps us describe a typical value and location in a distribution. It’s an important concept in statistics that helps us understand data better. Let’s dive in! Using central tendency helps us get a quick snapshot of what a typical value and location are […]
Hi there! When we talk about the mean in statistics, we’re talking about finding the average of a set of numbers. It’s like adding up all the numbers and dividing by how many there are. But when we interpret the mean, it’s important to use the same units of measurement as the original data. Here’s […]
👋 Hey guys! Today, we’re talking about how to calculate the median when there are an even number of values in a distribution. This is an important statistical tool used to describe a set of data. Let’s dive in! First, let’s talk about what the median is. The median is the middle value in a […]
👋 Hey guys! Today, we’re talking about how to calculate the mean and median of a distribution. These are important statistical tools used to describe a set of data. Let’s dive in! First, let’s talk about the mean. The mean is the average value in a dataset. It’s calculated by adding up all the values […]
👋 Hey guys! Today, we’re talking about how the size of a dataset impacts the sensitivity of the mean to outliers and why the median is more robust to outliers than the mean. Let’s dive in! First, let’s look at the mean. The mean is the average value in a dataset. It’s calculated by adding […]
👋 Hey guys! Today, we’re going to talk about measures of central tendency in statistics 📊. There are 3 types: mean, median, and mode. Let’s dive in! In a symmetrical distribution, the mean, median, and mode are all close to each other. It’s like a perfectly balanced see-saw with 3 people of the same weight […]
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