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Gini index
The Gini index is a measure of the concentration of the distribution of a variable.
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Quantiles, quartiles, percentiles (measures of location)
We use quantiles to determine the position of a given value compared to others in a group or population. Let's say you have received your matriculation exam results in mathematics. Would you like to find out if your score is high compared to the results of the other people writing the baccalaureate…
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Logistic regression
Regression is used to predict the value of the dependent (predictor) variable on the basis of the value of the independent variable or variables (predictors).
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SKEWNESS AND KURTOSIS
Kurtosis and skewness are measures of asymmetry that describe properties such as the shape and asymmetry of the distribution under analysis. They provide us with information on how the values of the variables deviate when compared to the mean value.
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