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Stats 101: Measures of Location [Quartiles]

Measures of location is a combination of values for a data which can summarise its distribution.

Standard Deviation helps to understand ‘On an average, how far away each data point is from the mean value’

It is very important to explore the data and understand it, before you can use it for solving problems.

Mode is the most frequently occurring value in a set.

When you are trying to understand about the central tendency of a numeric dataset, the median is a better way

The average age of people living in that area is 49 Years Will you launch the dating app?