Probability Theory

Data Science and A.I. : How to Calculate Percentiles Step-by-Step Guide

Numerical Example to Compute Percentile Given the data set: 3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36, 39, 42, 45, 48, 51, 54, 57, 60, calculate the 30th and 60th percentiles. Percentile Percentiles are those values of the variate which divide the distribution into 100 equal parts, therefore the number of […]

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Deciles

Deciles Calculation and Visualization

Hello everyone! Welcome back to Postnetwork Academy. I’m Bindeshwar Singh, and today we’re going to uncover a key concept in statistics that helps you understand data more deeply—deciles! Have you ever wondered how to break down a data set into smaller, meaningful parts? Deciles allow us to split data into 10 equal sections, giving us

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Data Science and A.I. : Computing Quartiles from Grouped Data: Step-by-Step Guide

Quartiles help to divide a dataset into four equal parts. In this post, we will compute the values of the lower quartile (Q₁), median (Q₂), and upper quartile (Q₃) from a given set of grouped data. Data: | C.I. | fᵢ | |——-|—–| | 5-10 | 5 | | 10-15 | 6 | | 15-20

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variance

Data Science and A.I. : Measures of Dispersion : Variance of Continuous Freq. Distribution

In this post, we dive into one of the core statistical concepts used in data science and artificial intelligence—calculating the variance of a continuous frequency distribution. Breaking down the steps If you have data distributed across class intervals with frequencies, the goal is to find the variance. The video explains the columns in the table:

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Poisson Distibution

Poisson Distribution in Statistics and Mathematics

Poisson Distribution- The Poisson distribution is defined by a single parameter, usually denoted by λ (lambda), which represents the average rate of occurrence of the events. The probability mass function (PMF) of the Poisson distribution is given in the image above. Poisson Distribution is Limiting Case of Binomial Distribution It’s worth noting that the Poisson

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Random Variable and Probability Mass Function

Random Variable and Probability Mass Function

Random variable   is a very  important concept in probability, statistics, data science and machine learning, one must  learn concept of random variable and related concepts. In this post, I have explained random variable and probability mass function that will help you to have basic understanding of  random variable and probability mass function. To understand random

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Pandas Series Functions min(), max(), mean(), median() and mode()

Panda’s Series- In the last post, I explained how to create a panda’s series. Further,  a pandas series has a lot of   you often need to analyze, visualize and clean data.  In this post, I will be explaining min(), max(), mean(), median(), and mode functions. min() Function- import pandas as pd lst=[2, 4, 6, 8,

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