In the 9th session of Chandoo.org podcast, lets raise above AVERAGEs.
AVERAGEs are a very popular and universal way to summarize data. But do you know they are mean? Mean as in, AVERAGEs do not reveal much about your data or business. In episode 9 of Chandoo.org podcast, we tackle this problem and present solutions.
In this podcast, you will learn,
What is AVERAGE?
Pitfalls of averages
5 statistic concepts you must understand
Standard Deviation
Median
Quartiles
Outliers
Distribution of data
What next?