‘Mode’ as a Measure of Central Tendency

‘Mode’ as a Measure of Central Tendency

Table of contentsWhat is a Measure of Central Tendency?Mode of the DistributionWhen to use Mode as a Measure of Central Tendency?Examples of variables with bimodal distributions:What are your thoughts?Related Articles What is a Measure of Central Tendency? A measure...
Mean, Median & Mode: Measures of Central Tendency

Mean, Median & Mode: Measures of Central Tendency

Table of contentsMean, Median & Mode: Measures of Central TendencyWhat is Central Tendency?MeanMedianModeWhen and How to Decide Which One to Use?Related Articles Estimated reading time: 8 minutes Mean, Median & Mode: Measures of Central Tendency Embark on a...
‘Mean’ as a Measure of Central Tendency

‘Mean’ as a Measure of Central Tendency

Table of contentsMean – Measure of Central Tendency What is the Mean (or Average)?Knowing the shape of your data…Related Articles Mean – Measure of Central Tendency A measure of central tendency is a single value that describes the way in which a set of...
Hypothesis Testing Cheat Sheet

Hypothesis Testing Cheat Sheet

Table of contentsHypothesis Testing Cheat SheetKey ConceptsHypothesis Testing StepsTypes of ErrorsCommon Statistical TestsExamples of Statistics Hypothesis Testing Cheat SheetRelated Articles: Estimated reading time: 8 minutes Hypothesis Testing Cheat Sheet In this...
How to Use a Payoff Matrix to Prioritize Solutions

How to Use a Payoff Matrix to Prioritize Solutions

Table of contentsHow to Use a Payoff Matrix to Prioritize SolutionsWhat is a Payoff Matrix?How does a typical Payoff Matrix work?How to Use the Payoff Matrix to Prioritize Solutions?Before Prioritizing ImprovementsSetting the Stage for Improvement PrioritizationStart...