Probability and Statistics

The control chart is a graph used to study how a process changes over time. Data can be plotted in time order. A control chart has a central line for the average, an upper line for the upper control limit, and the lower line for the lower control limit. These lines are determined from historical […]

The control chart is a graph used to study how a process changes over time. Data can be plotted in time order. A control chart has a central line for the average, an upper line for the upper control limit, and the lower line for the lower control limit. These lines are determined from historical

Now we will see how the topic of Correlation is used in statistics. Correlation is very useful when you have two variables and you have to determine a relationship between those two variables. So, Correlation is used to determine or establish a relationship between two variables. In this article, we will discuss how to measure

In the theory of Statistics and Probability, covariance and correlation play an important role. These terms are a little bit tough to handle for beginners in this field. They will be touched upon in this article. Both of these terms are of great importance in machine learning and data analysis.  Relationship between Correlation and Covariance

The mean value of the product of the deviations of two variables from their respective means is known as Covariance which tells us about the relationship between two variables. We can define it also as a change between the two variables. As a change in one variable is equal to the change in another variable.

Cumulative Frequency is a term that refers to the frequency of an event across time. The total of a frequency and all frequencies in a frequency distribution until a specific determined class interval is the cumulative frequency starting with the first and ending with the last. The total, as well as the data, are shown

 A dataset is a set of data or a collection of data. Typically, this data is displayed in a tabular manner. Each column represents a separate variable. And, according to the question, each row corresponds to a specific data set member. This is a necessary step in the data management procedure. Unknown quantities like as

Introduction: On a number line, decimals are a group of numbers that fall between integers. We can write more precise values of quantifiable things such as length, weight, distance, money, and so on using decimals. The integers or whole numbers to the left of the decimal point are integers, while the decimal fractions to the

Frequency distribution in statistics is a list, table (i.e., frequency table), or graph (i.e., bar plot or histogram) that shows the frequency of different outcomes in a sample. The frequency or count of occurrences of values within a certain group or interval is contained in each table entry. A frequency distribution illustrates the number of

Statistics is a fascinating and vital topic to study. It entails a thorough examination of facts presented in the form of numbers. Statistics assist us in analyzing and developing conclusions from a data collection. The calculation of numerous arithmetic values is a part of statistics. Geometric mean, arithmetic mean, mode median, and many more values