Statistics MCQs, Analysis, Software
Introduction to statistics
Moments in Statistics The measure of central tendency (location) and the measure of dispersion (variation) both are useful to describe a data set but both of them fail to tell anything about the shape of the distribution. We need some other certain measure called the moments. Moments in Statistics are …
In statistics, a measure of kurtosis is a measure of the “tailedness” of the probability distribution of a real-valued random variable. The standard measure of kurtosis is based on a scaled version of the fourth moment of the data or population. Therefore, the measure of kurtosis is related to the …
Question: What is a measure of central tendency and what are the common measures of central tendency? Also, when is the median preferred over the mean? A measure of central tendency is the single numerical value considered most typical of the values of a quantitative variable. The most common measure …