Tyranny of Averages
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Beschrijving
Bol
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The tyranny of averages is a phrase used to describe the often overlooked fact that the mean does not provide any information about the distribution of a data set or skewness, and that decisions or analysis based on this value-as opposed to median and standard deviation-may be faulty. This "tyranny of averages" to which the report refers tends to mask the stark contrast between the Asia-Pacific LDCs' sluggish economies and the success of their far more populous neighbours.
Beschrijving
(2)
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The tyranny of averages is a phrase used to describe the often overlooked fact that the mean does not provide any information about the distribution of a data set or skewness, and that decisions or analysis based on this value-as opposed to median and standard deviation-may be faulty. This "tyranny of averages" to which the report refers tends to mask the stark contrast between the Asia-Pacific LDCs' sluggish economies and the success of their far more populous neighbours.
AmazonPagina's: 108, Paperback, Betascript Publishers
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