Understanding the Forecast Statistics and Four Moments
- By Admin
- July 7, 2014
- Comments Off on Understanding the Forecast Statistics and Four Moments
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
- Comments Off on Understanding and Interpreting S-Curves and CDF Curves
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 →
Tips on Interpreting PDF, CDF, and ICDF
- By Admin
- July 7, 2014
- Comments Off on Tips on Interpreting PDF, CDF, and ICDF
The Basics of PDF, CDF, and ICDF This paper briefly explains the probability density function (PDF) for continuous distributions, which is also called the probability mass function (PMF) for discrete … Continue Reading →
Recent Comments