Exploring Common Statistical Distributions

Statistics can seem like a complex subject, but at its heart, it’s about understanding how different things are spread out or distributed. Let’s break down some of the most common types of statistical distributions to make them more understandable. Normal Distribution (Gaussian Distribution) What It Is: Imagine a graph that’s bell-shaped and perfectly symmetrical. That’s […]

What are Outliers?

Hey there! It’s Chip, and today, we’re going to talk about outliers! πŸ“Š πŸ‘€ What are outliers? Outliers are data values that are very different from most of the other data values in a distribution. They can occur due to errors in data collection, measurement, or recording, or they can be caused by unusual or […]