Titlebook: Elementary Statistical Methods; Sahana Prasad Textbook 2022 The Editor(s) (if applicable) and The Author(s), under exclusive license to Sp

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Measures of Central Tendencies,nderstanding the shape of data is also crucial to data analysis, which can be done through skewness and kurtosis. Skewness measures the asymmetry in data, while kurtosis measures the concentration of data values in the tails. Kurtosis is helpful in finance to understand risks in an investment.

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Textbook 2022a analysis, descriptive statistics, probability and distributions, correlation and regression, and statistical inference. The book includes useful examples and exercises as well as relevant case studies for proper implementation of the discussed tools. This book will be a valuable text for undergrad

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y defined in “.”. A more formal definition says, “.”. In statistics, correlation is an indispensable tool that forms the basis for in-depth statistical analysis like forecasting, decision-making and simulation.

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Textbook 2022mples and exercises as well as relevant case studies for proper implementation of the discussed tools. This book will be a valuable text for undergraduate students of statistics, management, economics, and psychology, wanting to gain basic understanding of statistics and the usage of its various concepts.?.

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