The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...

The T-Value is a common statistical calculation with a very wide range of applications. In the business world, it can help in making educated financial predictions and projections. For example, a ...

The mean is the most commonly used measure of average. To find the mean of a list of numbers, add them all together and divide by how many numbers there are: \(\text{mean} = \frac{\text{sum of all the ...

While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. It's possible to ...

This summer, as Georgia rolls out new math requirements, Kaycie Maddox’s challenge has as much to do with words as numbers. Maddox, a math specialist for a regional education services agency, is ...

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It's possible to calculate the standard error in MATLAB by running a one-line command. Standard error is a measurement of the variability of a data set and how ...