Data
Decimals, Fractions, and Percentages
Definition Decimals, Fractions & Percentages are different ways of showing value Examples PercentDecimalFraction1%0.011/1005%0.055/10010%0.110/10025%0.2525/10050%0.550/10075%0.7575/100100%1100/100125%1.25125/100150%1.5150/100200%2200/100 Conversions Base FormDecimalsFractionsPercentagesDecimals-1) multiply by (10/10) for…
Discrete and Continuous Data
Data is defined as the facts & collected for the analysis purpose. Data is divided into qualitative data (descriptive) & quantitative data.…
Bayes’ Theorem: Definition, Notation, Examples
Thomas Bayes named a theory about conditional probability. He was British mathematician in 18th century. The theorem is Bayes’ Theorem. Bayes’…
Percentage Change
What Is Percentage Change? Percentage change can be applied to any quantity. Let's say you are tracking the the grow…
Relative Frequency
Definition Relative Frequency is How often something happens divided by all outcomes. To compute relative frequency, one obtains a frequency…
Quartiles
Definition of Quartiles What are Quartiles? In statistics, Quartiles are values that divide your data into quarters. They aren’t shaped like…
Mean
Mean is the average of the numbers. How to Find the Mean It is easy to calculate: add up all…
Conditional Probability: Dependent Events, Formula, Examples
Dependent Events Dependent events mean two or more events that occurred after the first or other events has already occurred.…
Probability of Independent Events: Definition, Formula, Examples
What Is Independent Event? Independent means not relate with something/someone. For examples of independent condition are buying a chocolate and…
Frequency Distribution
Frequency is how often something occurs. Definition of Frequency Distribution We can make a Frequency Distribution table by counting frequencies.…