The measure of variability involves using skewness and kurtosis. Generally Descriptive Statistics helps in knowing, describing and examining the summaries of some unique data which helps in sampling and measuring the information perfectly.
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Testing and Formulating of Hypotheses – Aside from all other features of statistics, Probably the most theoretical features of statistics is to test and formulate the different types of hypothesis and exploring some new theories.
Statistical wondering will someday be as required a qualification for economical citizenship as the ability to go through and generate.
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