WITH CORRECT ANSWERS GRADED A+
>> Descriptive Statistics
Answer: Summarize data
>> Mean
Answer: Arithmetic average
>> Median
Answer: Middle value
>> Mode
Answer: Most frequent value
>> Range
Answer: Max − min
>> Variance
Answer: Average squared deviation
>> Standard Deviation
Answer: Square root of variance
>> Quartile
Answer: Divides data into four parts
, >> Interquartile Range (IQR)
Answer: Q3 − Q1
>> Skewness
Answer: Asymmetry of distribution
>> Kurtosis
Answer: Tailedness of distribution
>> Histogram
Answer: Frequency distribution
>> Box Plot
Answer: Shows quartiles, outliers
>> Outlier
Answer: Data point significantly different
>> Normal Distribution
Answer: Bell-shaped curve
>> Central Limit Theorem
Answer: Sample means approximately normal
>> Confidence Interval
Answer: Range likely to contain population parameter
>> Hypothesis Testing
Answer: Statistical test of claim