How to Compute Deciles In this lesson, we are going to learn how to calculate the values of deciles, a using the given data. This guide will walk you through the computation process. Example Data The data provided is: Variable (xi) Frequency (fi) Cumulative Frequency (C.F.) 58 2 2 59 3 5 60 […]
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Hello everyone! Welcome back to Postnetwork Academy. I’m Bindeshwar Singh, and today we’re going to uncover a key concept in statistics that helps you understand data more deeply—deciles! Have you ever wondered how to break down a data set into smaller, meaningful parts? Deciles allow us to split data into 10 equal sections, giving us
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Quartiles help to divide a dataset into four equal parts. In this post, we will compute the values of the lower quartile (Q₁), median (Q₂), and upper quartile (Q₃) from a given set of grouped data. Data: | C.I. | fᵢ | |——-|—–| | 5-10 | 5 | | 10-15 | 6 | | 15-20
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How to Compute Quartiles from Given Data In this post, we will learn how to compute the quartiles \( Q_1 \), \( Q_2 \) (Median), and \( Q_3 \) using the provided data set. Quartiles help in dividing a data set into four equal parts, making it easier to understand the distribution of data.
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Numerical Example to Compute Quartile Problem Statement: Given the data set: 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, calculate the first quartile, second quartile, and third quartile using the quartile formulas. Understanding Quartiles: Quartiles divide the data set into four equal parts. There are three quartiles, denoted by \( Q_1 \), \(
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“`html PostNetwork Academy guides us through three crucial statistical measures: Quartiles, Deciles, and Percentiles These measures are used to divide a data distribution into equal parts, making them essential tools in data analysis. Hello everyone! Welcome to another educational post from PostNetwork Academy. I’m Bindeshwar, and before we begin, make sure to follow us on
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In this post, we dive into one of the core statistical concepts used in data science and artificial intelligence—calculating the variance of a continuous frequency distribution. Breaking down the steps If you have data distributed across class intervals with frequencies, the goal is to find the variance. The video explains the columns in the table:
Median in Data Science and AI In the realm of data science and AI, understanding measures of central tendency is crucial. In this post, we will explore the concept of median. What is Median? Median is a key measure of central tendency that divides a dataset into two equal halves. It represents the middle value
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How to Calculate Variance for a Given Distribution Introduction: In this post, we will explore the step-by-step process of calculating the variance and standard deviation for a given frequency distribution. Understanding these concepts is crucial for analyzing data variability and distribution spread. Example: Given the following frequency distribution, we will calculate both the variance and
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Understanding Variance: A Practical Example In our recent Data Science and AI lecture, we explored the concept of variance—a crucial measure in statistics that indicates how spread out a set of data points is around their mean. Today, we’ll dive into a practical example involving a batsman’s scores over ten matches. The Problem Let’s consider
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