Understanding the Forecast Statistics and Four Moments
- By Admin
- July 7, 2014
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The Four Moments Most distributions can be defined up to four moments. The first moment describes its location or central tendency (expected values); the second moment describes its width or … Continue Reading →
Understanding and Interpreting S-Curves and CDF Curves
- By Admin
- July 7, 2014
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The Four Moments, PDF, and CDF The S-Curve, or Cumulative Distribution Function (CDF), is a very powerful and often-used visual representation of a distribution of data points. This section briefly … Continue Reading →
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