New: medianvsmean

alketcecaj (55)in statistics • 7 years ago
What does standard deviation tells you about a dataset and how to use the median instead of the mean.
So what standard deviation can tell about an interval of data? Simple. It tells you how sparse the values of your variable are from the mean. For example lets take an interval X =…
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What does standard deviation tells you about a dataset and how to use the median instead of the mean.