Category: Uncategorized
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Statistics vs Machine learning
Statistics Machine learning Problem > Data > Solution Data > Solution w/o problem Question is cheap, Data is expensive Data is cheap, Question is expensive Youre paid for collecting the data Youre paid for asking the right question
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Measures of Asymmetry
Skewness The most commonly used tool to measure asymmetry is Skewness Skewness indicates whether the observations in a dataset are concentrated on one side. There are three types of skewness: positive/right skew, zero skew & negative/left skew. The formula for skewness is not important as it will be calculated by the program itself. The formula…