Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowStandard deviation is the most informative measure of data variability because it quantifies the average deviation of each data point from the mean. By providing insight into the spread of data values around the mean, standard deviation helps analysts understand how clustered or dispersed the data is, which is crucial for interpreting patterns and making comparisons between datasets. Standard deviation is particularly valuable in assessing consistency and identifying outliers, making it essential in descriptive statistical analysis. The other options are incorrect because: • Option 1 (mean) is a central tendency measure, not a measure of variability. • Option 2 (median) indicates the central value but not data spread. • Option 3 (mode) is useful for frequency analysis but not for assessing variability. • Option 5 (range) provides a simple variability measure but lacks the detail of standard deviation, as it only considers extremes.
Which of the following is a key area of focus for the approved Start-Up projects under the GREAT scheme?
Choose a hot water lake from the following:
In which of the following cases the Supreme Court of India has fixed the upper limit of 50% for reservation?
'World No Tobacco Day' is observed on -
Consider the following statements in regards to Legislative Assembly Elections 2022:
1. This election was held on 14 Feb and counting of votes wa...
Foreign banks having less than 20 branches in India are required to achieve PSL target of 40% of ANBC by?
Bajrang Punia is related to which sport?
Which company was recognized as the fastest-growing IT services brand in the Brand Finance India 100 report in September 2024?
Who was integral to the establishment of Fergusson College?
Which state launched 'Gudiya' helpline and 'Shakti button' mobile app for women safety?