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Quant - Statistics
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- 1MEAN / MEDIAN For evenly spaced set, Mean = Median?Yes.
For any evenly spaced set, the mean of the set is always equal to the median. - 2STANDARD DEVIATION It is a measure of?Standard deviation is a measure of the overall distance of the set from the mean value, or the “spread” of the set.
- 3VARIANCE What does it signify?It signifies on an average, all the elements are at least V UNITS AWAY from the CENTRALIZED value.
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- Flashcards on Quant - Statistics, created by Nishant Jain on 31/10/2017.
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