Examlex
Refer to the following wage breakdown for a garment factory: What is the class interval for the preceding table of wages?
Mode
The value that appears most frequently in a data set, representing the most common or popular outcome among the observed values.
Sample Variance
A metric indicating the spread or variation in a set of sample data, determined by dividing the sum of the squared differences from the mean by the total number of data points minus one.
Sample Variance
A measurement of the spread between numbers in a data sample, calculated by taking the mean of the squared deviations from the sample mean.
Squared Deviations
The squared differences between each observation and the mean, used in the calculation of variance.
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