Sampling variability focuses on how well-dispersed a given set of data is. When dealing with real-world data or large-scale surveys, it is nearly impossible to manipulate the values one by one. This is when the concept of the sample set and sample mean enter – conclusions will depend on the measures returned by a sample […]
Category Archives: Statistics
The shape of distribution helps us understand the spread and behavior of a given distribution. With visual representations such as the distribution’s shapes, we can easily represent important data components and help others understand how our data behave visually. The shape of distribution provides helpful insights about the distribution. This includes the distribution’s peaks, symmetry, […]