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The range. Highest value minus lowest value.

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Q: What statistic is always based on just two values?
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Is an estimate based on known information?

a estimate is based on known information it is just not a true answer.


What does an f statistic over 300 mean?

Oh, dude, an F-statistic over 300 means there's a high likelihood that the differences between group means are not just due to random chance. It's like when you're playing darts and you hit the bullseye three times in a row - it's not just luck, you've got some serious skills going on. So yeah, in stats land, a high F-statistic is like hitting that statistical bullseye.


What if there is no median what do you put?

If you have an odd amount of numbers than there is no problem but say if you had 8 numbers you take the 4th and 5th numbers and find the average of the two. here is an example 1,3,4,5,7,9,11,14 you average 5 and 7,the 4th and 5th numbers, so the average is 6.hope this helped :)


What are the 4 probabilities?

There are not just 4 probabilities. Probability is a continuous variable ranging from 0 to 1: it can take infinitely many values.There are not just 4 probabilities. Probability is a continuous variable ranging from 0 to 1: it can take infinitely many values.There are not just 4 probabilities. Probability is a continuous variable ranging from 0 to 1: it can take infinitely many values.There are not just 4 probabilities. Probability is a continuous variable ranging from 0 to 1: it can take infinitely many values.


Is p value a descriptive statistic?

No, it is not. A descriptive statistic is a measure such as mean, standard deviation etc., computed from a set of observations. A p value is something that is obtained by computing a test statistic (using a formula which may involve mean, variance etc.,) and finding the probability of obtaining a value as great as or greater than the one actually obtained. In other words, a p value is a probability and must lie between 0 and 1 whereas a descriptive statistic is not a probability. It is just a number used to describe a specific characteristic of a set of sata.