Range, Interquartile Range and Percentiles

Range(measures of variability): The range of a set of data is the difference between the largest and smallest values. Range might affect with Outliers like Mean. Interquartile Range(measures of variability) Interquartile range gives another measure of variability like Variance, Standard deviation. It is a better measure of dispersion than range because it leaves out the extremeContinue reading “Range, Interquartile Range and Percentiles”

Outliers treatment

An extreme value or low value compared to other observations is called Outliers or the observation that is very far from other observations. Parametric Machine Learning Algorithms are very sensitive with Outliers. But why? The first person who get affected with outliers is mean, all parametric machine learning will use mean,so It will impact ourContinue reading “Outliers treatment”