The term central tendency refers to some values that tend to describe the centre of the complete data set. There are different measures of central tendency. Each of them give us one single number that attempts to summarise the entire data set within itself. Why do we...
The analysis of correlation is an extremely useful technique in business. Naturally, correlations are extremely popular in various analyses. Correlation is measured by a coefficient that is a statistical estimation of the strength of relationship between data. The...
