04:45 - 06:07
1m 22s
Uses an example to illustrate the difference between mean and median.
Video Transcript
Related Clips
Describes measures of certainty, including mean, normal, and distribution.
Using mean to get the expected value in a discrete random distribution.
Describes how outliers can unduly influence data, and how using the median in data discounts this.
Explains the appearence of normal and skewed distributions.
Explains the importance of the sample mean.