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Qlikview Tutorials | Measure Variation in Data Range|Standard Deviation|Coefficient of Variation
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Measure of variation is an important step to start the data analysis and make recommendation or decision.
In this video, I've talked about range, standard deviation and coefficient of variation. These three measures explains the variation in dome in depth. Apart from figuring out the result, I've also told about how you should translate the result of the method into business terms.
I hope you'll find this video useful and an addition to your learning of QlikView and Business Statistics.
(PS: In this video I've used the term "Central limit theorem", please replace it with empirical rule while understanding the concept.)
-Abhishek
Qlikview Tutorials | Measure Variation in Data Range|Standard Deviation|Coefficient of Variation
In this video, I've talked about range, standard deviation and coefficient of variation. These three measures explains the variation in dome in depth. Apart from figuring out the result, I've also told about how you should translate the result of the method into business terms.
I hope you'll find this video useful and an addition to your learning of QlikView and Business Statistics.
(PS: In this video I've used the term "Central limit theorem", please replace it with empirical rule while understanding the concept.)
-Abhishek
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