Skewness for a data distribution

skewness for a data distribution

A lack of symmetry is called skewness for data distribution. In other words, a departure from symmetry is called skewness. A distribution is simply a collection of data, or scores, on a variable. Usually, these scores are arranged in order from smallest to largest and then they can be presented graphically. Page 6, Statistics in … Read more

What is data distribution in machine learning?

woman in a beige coat writing on a glass panel using a whiteboard marker

Through this blog, we will try to answer: “What is data distribution in machine learning?”. This blog post explores the concept of data distribution in data science. Understanding data distribution is a critical aspect of data analysis and visualization. A distribution is simply a collection of data, or scores, on a variable. Usually, these scores … Read more

Lorenz Curve and Gini Coefficient Explained

lorenz curve gini coefficient

Lorenz curve and Gini Coefficient are classic indicators in the field of economics. The Lorenz curve and Gini coefficient are important tools for professionals who work with data related to income inequality and wealth distribution, as well as for those who need to understand economic and social trends in their respective fields. We’re about to … Read more