Statistical Measure

  • 3 Posts
  • 1 Sections
  • 1 Types
Definitions
Correlation Coefficient
Correlation Coefficient Statistics Variables Data Analysis Regression Analysis Statistical Measure Dependent Variables Independent Variables
A statistical measure of the degree to which the movements of two variables are related. It quantifies the direction and strength of the relationship between variables.
Read more about Correlation Coefficient.
Definitions
Per Capita
Per Capita Economic Measure Statistical Measure Average Calculation Individual Measurement
An economic and statistical measure that divides a total amount by the number of individuals to provide an average per person.
Read more about Per Capita.
Definitions
Standard Deviation
Standard Deviation Statistics Variability Dispersion Normal Distribution Probability Distribution Data Analysis Statistical Measure
Standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of values. It is widely used in situations where comparing variability between different data sets or understanding the consistency of data points is crucial.
Read more about Standard Deviation.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.