Statistics – Part 2

In this post, we’ll cover Mean, Median and Mode. We’ll keep them to the point and will not go deep down into them in this series. Mean There are three different types of means Arithmetic mean Geometric mean Harmonic mean. For this series we’ll cover arithmetic mean only. I’ll refer to arithmetic mean as mean. […]

Statistics – Part 1

Statistics is a study of┬ámethods for data collection, analysis, and interpretation, and principles of experimental design. What is Data? Data is any set of values. It could be qualitative or quantitative. In a simple words, data is collection of values or numbers or anything that gives some sense of information. Is data good or bad? […]