All Questions
Tagged with rule-of-thumb descriptive-statistics
3 questions
3
votes
3
answers
3k
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How to judge skewness based on the mean and range?
Is there any rule of thumb to judging skewness of data based on its mean and range (max-min)? I found such implication in one of the papers I'm reading and I can't see why it would be obvious.
The ...
3
votes
1
answer
5k
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How to tell a coefficient of variation (C.V.) is high?
I have a group of data series which contain hundreds of values.
I've calculated the C.V.s of these data series, but I don't know how I can recognise if they are high or low according to the C.V. ...
3
votes
2
answers
2k
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Rules of Thumb to choose an initial number of class intervals and refine that choice (potentially automatically)
I was wondering if there are established rules of thumb (or algorithms) that, given a set of observations can help:
choose an initial number of class intervals.
refine that choice to a better number.
...