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  2. Level of measurement - Wikipedia

    en.wikipedia.org/wiki/Level_of_measurement

    Level of measurement or scale of measure is a classification that describes the nature of information within the values assigned to variables. [1] Psychologist Stanley Smith Stevens developed the best-known classification with four levels, or scales, of measurement: nominal, ordinal, interval, and ratio.

  3. Statistical data type - Wikipedia

    en.wikipedia.org/wiki/Statistical_data_type

    For example, count data requires a different distribution (e.g. a Poisson distribution or binomial distribution) than non-negative real-valued data require, but both fall under the same level of measurement (a ratio scale). Various attempts have been made to produce a taxonomy of levels of measurement.

  4. Scale analysis (statistics) - Wikipedia

    en.wikipedia.org/wiki/Scale_analysis_(statistics)

    The item-total correlation approach is a way of identifying a group of questions whose responses can be combined into a single measure or scale. This is a simple approach that works by ensuring that, when considered across a whole population, responses to the questions in the group tend to vary together and, in particular, that responses to no individual question are poorly related to an ...

  5. Logarithmic scale - Wikipedia

    en.wikipedia.org/wiki/Logarithmic_scale

    A logarithmic scale (or log scale) is a method used to display numerical data that spans a broad range of values, especially when there are significant differences between the magnitudes of the numbers involved. Unlike a linear scale where each unit of distance corresponds to the same increment, on a logarithmic scale each unit of length is a ...

  6. Normalization (statistics) - Wikipedia

    en.wikipedia.org/wiki/Normalization_(statistics)

    In another usage in statistics, normalization refers to the creation of shifted and scaled versions of statistics, where the intention is that these normalized values allow the comparison of corresponding normalized values for different datasets in a way that eliminates the effects of certain gross influences, as in an anomaly time series. Some ...

  7. List of probability distributions - Wikipedia

    en.wikipedia.org/wiki/List_of_probability...

    The Cauchy distribution, an example of a distribution which does not have an expected value or a variance. In physics it is usually called a Lorentzian profile , and is associated with many processes, including resonance energy distribution, impact and natural spectral line broadening and quadratic stark line broadening.

  8. Calculating The Fair Value Of Scales Corporation Limited ...

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  9. Robust measures of scale - Wikipedia

    en.wikipedia.org/wiki/Robust_measures_of_scale

    Robust measures of scale can be used as estimators of properties of the population, either for parameter estimation or as estimators of their own expected value.. For example, robust estimators of scale are used to estimate the population standard deviation, generally by multiplying by a scale factor to make it an unbiased consistent estimator; see scale parameter: estimation.