## Standard Deviation Using An Example And It’s Advantages

The standard deviation is a measure that is used to quantify the amount of variation or spread of a set of data values from its mean. A low standard deviation…

The standard deviation is a measure that is used to quantify the amount of variation or spread of a set of data values from its mean. A low standard deviation…

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September 21, 2018

What Is Variance? In the mean, we look at the central tendency of the data. However, it does not tell us the spread of the data, it only gives us…

September 20, 2018

Mean in simple terms is defined as an average value attained. Whenever the word is used without a modifier, it is assumed to be arithmetic mean. Simple or arithmetic mean…

September 20, 2018

Probability Density Function (PDF) is used for univariate analysis. Univariate analysis as the name suggests is a single variable analysis. So, PDF is very helpful when we have to dig…

September 20, 2018

The histogram is a univariate analysis tool which means it is used to visualize one variable in our dataset. It displays the frequency on the vertical or y-axis and the horizontal…

September 19, 2018

A Simple 2D Scatter plot is used to understand the relationship or pattern between two variables or dimensions in our dataset. A 3D plot will be used for three variables…

September 18, 2018

2D Scatter plot is one of the simple and very useful plotting tool used in Exploratory Data Analysis. A 2D Scatter plot would take the data points in our dataset…

September 18, 2018

In the world of data, it is not wise to jump on a problem at hand as soon as we get the data. We need to work on it a…

September 17, 2018