STAT 101 Study Guide - Final Guide: Central Limit Theorem, Marginal Distribution, Sharpe Ratio
Document Summary
Mean/median identify the center of a histogram. Locate the position of an observation in a bell-shaped distribution. 68% 2/3 of data lie within 1 sd of the mean. 95% of data lie within 2 sd of the mean. 99. 7% of data fall within 3 sd of mean. Skewness: mean>median = skew right mean
