Questions tagged [descriptive-statistics]

The area of statistics that provides descriptions of data, may it be samples or the population. This includes graphical representations and numerical indicators. No information is inferred from samples about the population, as in inferential statistics.

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choosing an index for points given to playoff teams [closed]

Short brief:I am doing a project about the correlation of the success of teams(for example) in champions league and their revenues. I want to build a linear regression for example based on the success....
21 views

Variational Inference for Item Response Models Estimation

I should work on a project about Variational Inference for Item Response Models Estimation. This is my university project but I don´t find relevant information around this topic so I would be very ...
18 views

Calculating 'acceptable' % change month over month

We are tracking a set of monthly business metrics (some are absolute numbers and some are %). For each metric, we want to find a range of variations that tells us if the current month's performance is ...
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28 views

How do we standardize data for higher moments?

I know that if I want to transform some data points to a mean of zero and standard deviation to 1 I can use this formula: $$Z= \frac{x-μ}{σ}$$ However if for example I want for example to normalize my ...
46 views

40 students each throw a fair die 12 times [closed]

40 students each throw a fair die 12 times. Each student then records the number of times that a six occurred in their own 12 throws. The student monitor then calculates the average number of sixes ...