CP009: Averages are Mean – Know these things before you make any more AVERAGE()s
About this episode
In the 9th session of Chandoo.org podcast, lets raise above AVERAGEs.
AVERAGEs are a very popular and universal way to summarize data. But do you know they are mean? Mean as in, AVERAGEs do not reveal much about your data or business. In episode 9 of Chandoo.org podcast, we tackle this problem and present solutions.
In this podcast, you will learn,
- What is AVERAGE?
- Pitfalls of averages
- 5 statistic concepts you must understand
- Standard Deviation
- Median
- Quartiles
- Outliers
- Distribution of data
- What next?
The post CP009: Averages are Mean – Know these things before you make any more AVERAGE()s appeared first on Chandoo.org - Learn Excel, Power BI & Charting Online.
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