Examlex
This measure of central tendency can be considered the most precise.
Tchebysheff's Theorem
A statistical rule stating that for any set of data, no matter the distribution, a certain proportion of values will fall within a specified number of standard deviations from the mean.
Empirical Rule
A statistical rule stating that for a normal distribution, nearly all of the data will fall within three standard deviations of the mean.
Median
The middle value in an ordered list of numbers, or the average of the two middle numbers when the list has an even number of observations.
Range
The difference between the highest and lowest values in a dataset, a simple measure of the spread or dispersion of the data points.
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