New: statisticalanalysisAll contenthive-129948krhive-196917zzanhive-183959hive-185836hive-180932hive-166405hive-144064hive-150122steemhive-101145uncommonlabhive-188619hive-184714hive-183397bitcoinhive-145157hive-180301krsuccesslifehive-193637hive-103599motivationhive-139150TrendingNewHotLikersalketcecaj (55)in statistics • 7 years agoWhat 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 =…alketcecaj (55)in statisticalmodelling • 7 years agoWhat exactly is statistical modelling ?Statistical modeling is about applying statistics on data to find the underlying relationships by analyzing the significance of the variables. It is the formalization of relationships between the…alketcecaj (55)in applicationsofstatistics • 7 years agoCan you give an example in which you used statistics for solving a real problem?Here is how I used simple statistics for solving my problem. It is now two years that I’m a commuter going back and forth from Bologna to Reggio Emilia in Italy. I use the train for my travel as…