What is Sample variance ?
Used. To measure the spread of the data points in a given data set around the mean.
In a normally distrubuted dataset, what percentage of the population falls within one standard deviation?
68%
In a normally distrubuted dataset, what percentage of the population falls within two standard deviation?
95.45% (95%)
In a normally distrubuted dataset, what percentage of the population falls within three standard deviation?
99.7%
Which measure of central tendency is least affected by extreme outliers?
Median
(Focused on position, not magnitude)