Percentile It gives the level of an element in data. Lets discuss with an example :- 1,2,3,4,5,6,7,8,9 ,10 we have this data in increasing order. To find Kth percentile :- Step 1 : Arrange the elements in ascending order Step 2 : multiple K percent with number of elements Step 3 : Let result be … Continue reading Percentile and Moments
Tag: variance
Variance and Standard Deviation
Let's discuss variance and standard deviation. Variance It is average of squared differences from the mean. In simple words we subtract mean from every element and which give us the distance of every element from mean. Then we square each to avoid negative numbers and then find average. For example :- 1,2,3,4,5,6,7,8,9 Mean = 5 … Continue reading Variance and Standard Deviation