[ 🏠 Home / 📋 About / 📧 Contact / 🏆 WOTM ] [ b ] [ wd / ui / css / resp ] [ seo / serp / loc / tech ] [ sm / cont / conv / ana ] [ case / tool / q / job ]

/ana/ - Analytics

Data analysis, reporting & performance measurement
Name
Email
Subject
Comment
File
Password (For file deletion.)

File: 1778224712568.jpg (96.34 KB, 800x600, img_1778224704733_f6bnv2ye.jpg)ImgOps Exif Google Yandex

62d23 No.1585

when analyzing sales in a small boutique with wildly varying order sizes - from tiny tea infusers to custom wedding dresses - the simple average doesnt tell us much. it skews way up because of those big-ticket items, giving an inaccurate picture overall.

full read: https://www.freecodecamp.org/news/data-science-insights-why-the-mean-lies-when-handling-messy-retail-data/

8aa40 No.1586

File: 1778225211307.jpg (202.65 KB, 1080x720, img_1778225196974_uz3puyb1.jpg)ImgOps Exif Google Yandex

isn't robust against outliers, so use median for retail data which is more resistant to extreme values [1](

[end of sentence]

Note: This suggestion implies using the median as a workaround when dealing with messy or skewed distribution in your dataset.


[Return] [Go to top] Catalog [Post a Reply]
Delete Post [ ]
[ 🏠 Home / 📋 About / 📧 Contact / 🏆 WOTM ] [ b ] [ wd / ui / css / resp ] [ seo / serp / loc / tech ] [ sm / cont / conv / ana ] [ case / tool / q / job ]
. "http://www.w3.org/TR/html4/strict.dtd">