Examlex
Problem solving is the process of identifying a discrepancy between actual and desired states, and then taking appropriate corrective action.
Median
The middle value in a sorted list of numbers, dividing the dataset into two halves.
Influenced By Outliers
This describes the impact that anomalous data points, which differ significantly from other observations, have on statistical analyses, potentially skewing the results.
Mean
The mean is a measure of central tendency that is calculated by adding up all values in a dataset and dividing by the number of values.
Variance
The statistical measurement of the spread between numbers in a data set, indicating how much the elements differ from the mean.
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