Quantitative Methods: Descriptive statistics Flashcards
1
Q
Coins can be sorted and stacked based on their numbers, what are stacks called?
A
Bins
In data science, such group of coin stacks is called histogram.
2
Q
What does the height of each bin represent?
A
Frequency
3
Q
What does a histogram do?
A
Vizualises how data are distributed
4
Q
What does Skewness measure?
A
The degree of asymmetry
5
Q
What does Kurtosis mean?
A
The sharpness
6
Q
A
