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MS Excel Statistical Functions for Central Tendency

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AVERAGE Provides an estimate of the mean or expected value of the data. To use it, supply the range of data you want the average of “=AVERAGE(data range).” For example, if you wanted the average of the...

Uni-variate distribution relationships

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In statistics, a univariate distribution is a probability distribution of only one random variable. This is in contrast to a multivariate distribution, the probability distribution of a random vector (consisting of multiple random variables). Below is the quick overview of useful univariate relationships for aspiring...

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Popular algorithms for data science – an introduction

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A variety of Machine Learning and data mining algorithms are available for creating  valuable analytic platforms. Established goals will determine which algorithms are used...

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