We can get the numerical summary through measures of central tendency, location, and variability for numerical data. But numbers…

To better illustrate the concepts of mean, median and mode, let’s dive into an example survey about what makes…

There is an important distinction between a sample of data and population of data. So, let’s take a research…

Sharpe Ratio is the most extensively used metric in the finance world to evaluate the performance of an investment.…

Describing Numerical Data In the previous articles we described two kinds of variable numerical and categorical, also known as…

When analyzing distributions, we often discuss their modalities. The modalities is the number of peaks they exhibit. A distribution…