-Use the above figure. What does point N represent?
Definitions:
Measures of Dispersion
Statistical calculations that describe the spread or variability among a set of numerical data.
Measures of Correlation
Statistical techniques used to determine the degree to which two variables are related, indicating how changes in one variable are associated with changes in another.
Variance
A measure of the extent to which a set of scores vary on either side of their mean value. The square root of variance gives the standard deviation.
Descriptive Statistics
Descriptive statistics involve statistical techniques that summarize or describe the main features of a collection of data, including measures like mean, median, and mode.
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