Examlex
The forward currency market:
Skewed Distributions
Describes asymmetrical distribution of values in a dataset, where the majority of data points are located on one side of the mean, leading to a tail in the opposite side.
Categorical Variables
Variables that represent types or categories, which are not numerical and express qualitative attributes.
Median
The middle value in a data set when the values are arranged in ascending or descending order, providing a measure of central tendency.
Measure Of Central Tendency
A measure of central tendency is a single value that attempts to describe a set of data by identifying the central position within that set, such as the mean, median, or mode.
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