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Previously mentioned Scatter plotand adverse slope of fitted trendline shows that as age increases, profits rate decreases (also recommended with the detrimental correlation coefficient)

It's the method to summarize and interpret the gathered information while in the numerical or graphical sort. Descriptive Statistics necessitates two kinds of statistical Thoughts. 1st is a measure of spread also referred to as graphical summary. The graphical summary utilizes graphical illustration to investigate knowledge.

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This kind of statistics uses to interpret the which means of descriptive statistics. We employ these statistics to symbolize the significance on the acquired information just after it's been collected, evaluated, and summarised.

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