The Central Limit Theorem (CLT) is a critical topic in statistics. Here are a handful of links and a video from Khan Academy to get you up to speed on the CLT.
I love examples that are so blatantly clear that even people who aren’t as crazy as I am about data can get it. Anscombe’s Quartet is exactly that, it shows that we must look at data visually to really ensure we understand the data.
Anscombe’s quartet comprises four datasets that have nearly identical simple statistical […]
If you are interested in global development and how data can be used to show the story over the last one hundred years then you will love Hans Rosling’s TED speech. He gave an entertaining talk on new insights he highlights on poverty using Data.
Here we have listed a collection of statistics all about coffee and coffee consumption from Coffee Statistics. Are you surprised by any?
Did You Know?
Coffee shops make up the FASTEST GROWING part of the restaurant business, checking in with a 7% annual growth rate!
What is a Histogram?
A histogram is “a representation of a frequency distribution by means of rectangles whose widths represent class intervals and whose areas are proportional to the corresponding frequencies.”
Introduction to R
R is a language and environment for statistical computing and graphics. It is a GNU projectwhich is similar to the S language and environment which was developed at Bell Laboratories (formerly AT&T, now Lucent Technologies) by John Chambers and colleagues. R can be considered as a different
A set of data is said to be nominal if the values / observations belonging to it can be assigned a code in the form of a number where the numbers are simply labels. You can count but not order or measure nominal data. For example, in a data set males
IBM SPSS Statistics offers the full scope of statistical and analytical capabilities that organizations require. It’s an easy-to-use, comprehensive software solution that:
Addresses the entire analytical process from planning and data preparation to analysis, reporting and deployment Provides tailored functionality and custom interfaces for different skill levels and functional responsibilities of business users, analysts and […]
What is Descriptive Statistics?
Descriptive Statistics is set of brief descriptive coefficients that summarizes a given data set, which can either be a representation of the entire population or a sample. Descriptive statistics describe the main features of a collection of data quantitatively and are distinguished from inferential statistics
Statistics = Numerical Facts
Statistics is the art and science of collecting, analyzing, presenting, and interpreting data. With the amount of data available to organizational and business leaders, understanding and using statistics in an effective manner is a very important skill to have.
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