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Earn +20 ptsQ: What are the uses of the mean?
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Continue Learning about Statistics
What is Golden Mean and its uses?
Also called the golden ratio. See http://en.wikipedia.org/wiki/Golden_ratioA Greek philosopher and scientist, Aristole taught the golden mean philosophy.
Uses of medianmodemean in daily life?
mean (average) temperature median income, mediian home prices, salary, etc. mode is the most likely occurence of an event. If the distribution of outcomes is symmetrical, then mean median mode
Different uses of statistics?
discuss the different day to day uses of statistics
Who uses empirical probability?
Help! I have no clue what profession uses empirical probability. Linda in Nevada
What is the the relationship between population and sample parameter and statistic?
The relations depend on what measures. The sample mean is an unbiased estimate for the population mean, with maximum likelihood. The sample maximum is a lower bound for the population maximum.
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