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In descriptive statistics, the range of a set of data is size of the narrowest interval which contains all the data. It is calculated as the difference between the largest and smallest values (also known as the sample maximum and minimum ). [ 1] It is expressed in the same units as the data. The range provides an indication of statistical ...
Unlike a probability, a probability density function can take on values greater than one; for example, the continuous uniform distribution on the interval [0, 1/2] has probability density f(x) = 2 for 0 ≤ x ≤ 1/2 and f(x) = 0 elsewhere. The standard normal distribution has probability density. If a random variable X is given and its ...
A histogram is a visual representation of the distribution of quantitative data. The term was first introduced by Karl Pearson. [1] To construct a histogram, the first step is to "bin" (or "bucket") the range of values— divide the entire range of values into a series of intervals—and then count how many values fall into each interval.
The coefficient of variation (CV) is defined as the ratio of the standard deviation to the mean , [ 1] It shows the extent of variability in relation to the mean of the population. The coefficient of variation should be computed only for data measured on scales that have a meaningful zero ( ratio scale) and hence allow relative comparison of ...
In statistics, the mode is the value that appears most often in a set of data values. [1] If X is a discrete random variable, the mode is the value x at which the probability mass function takes its maximum value (i.e., x=argmax x i P(X = x i)). In other words, it is the value that is most likely to be sampled.
Formulas in the B column multiply values from the A column using relative references, and the formula in B4 uses the SUM() function to find the sum of values in the B1:B3 range. A formula identifies the calculation needed to place the result in the cell it is contained within. A cell containing a formula, therefore, has two display components ...
Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.
Test statistic is a quantity derived from the sample for statistical hypothesis testing. [ 1] A hypothesis test is typically specified in terms of a test statistic, considered as a numerical summary of a data-set that reduces the data to one value that can be used to perform the hypothesis test. In general, a test statistic is selected or ...