Anyone familiar with basic statistics is familiar with the concept of a bell curve. A bell curve is a visual representation of normal data distribution, in which the median represents the highest ...
What does the normal curve look like? A normal curve is a graph with a smooth, symmetrical, bell-shape. The highest point of the bell represents the mean, which is the arithmetic average value of the ...
Gaussian curves, normal curves and bell curves are synonymous. Each represents how statistical data with normal distribution plots on a graph. Normal distribution describes a particular way statistics ...
Imagine you're at a fair, and you see a booth with a giant dartboard. The booth owner challenges you to hit the bullseye. You take your shot, and the dart lands somewhere on the board. Now imagine ...
You may have heard of the Lake Wobegon effect. That’s a concept of performance based on the tagline at the end of host Garrison Keillor’s monologue on his weekly radio show in which he describes the ...