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A company recently made changes to its organizational structure. While deciding upon the changes to be implemented, the company invited many employees to discuss the issue with the senior management. This enabled the employees to hear the relevant arguments both for the chosen alternative and against the rejected alternatives. An advantage of using employees in the group discussion was that
Distribution Shape
Describes the arrangement and frequency of data points in a dataset, indicating patterns such as normal, skewed, or uniform distributions.
Coefficient Of Variation
A measure of relative variability calculated as the ratio of the standard deviation to the mean.
Skewness
A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.
5-number Summary
A descriptive statistics tool that consists of the minimum, first quartile, median, third quartile, and maximum of a data set.
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