Tag: statistical study

  • SPC: Graphical Interpretation of Control Chart (Mean and Range)

    “It is the mark of a truly intelligent person to be moved by statistics.” — George Bernard Shaw Introduction Graphs are widely used tools in trading and investing to quickly see the past performance of the stock, the highs, the lows, trends, moving averages, trading volume, and much more. These graphs are the ‘footprint of…

  • What is the key difference between Mean, Median and Mode?

    What is the key difference between Mean, Median and Mode?

    If you can tell the difference between good advice and bad advice, you do not need advice: Lawrence J Peter Introduction There can be differences in thoughts, opinions, procedures, or parameters. By understanding the differences, one can able to comprehend them better and can take decisions judiciously. Having conflict in the workplace and productive disagreements—an…