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Part 7:
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Statistical Calculations |
Mean and Standard Deviation
The most common statistic which is used when making comparisons between
various sets of numbers is the mean.
The mean of a set of
numbers is the arithmetic average of those numbers, i.e. the total
of the numbers divided by the number of numbers there are.
But knowing just the average of a set of numbers is often not enough.
We need to know how the numbers are spread out about the mean.
In fact, the mean can
often give a wrong impression about a set of data, and can be dragged
out of its expected position by even one number which is much larger,
or much smaller, than all the rest. |
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