## Cumulative Distribution Function – Formula, Properties, Differences

The cumulative distribution function or the cumulative density function or the CDF is the probability that the variable takes a value less than or equal to x. Cumulative in CDF…

The cumulative distribution function or the cumulative density function or the CDF is the probability that the variable takes a value less than or equal to x. Cumulative in CDF…

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September 29, 2018

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…

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

John texted Matthew asking him the capital of Turkey. Now Matthew wasn’t sure about his answer, he thought it’s Istanbul but wanted to double check what he knew. He quickly…

September 19, 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

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