That said, while we can use skewness to describe asymmetric distributions, there isn’t a rigorous mathematical foundation to establish what is meant by “kurtosis of an asymmetric distribution” and what is needed to measure it properly [2]. When modeling stock market volatility, Gabaix et al....
In histogrambinsare the class intervals in which our data is grouped. We can create a plot based on the number of values in each interval. By default, thehist()function takes10 bins. We can customize the number of bins using this function. We can Pass the number of bins directly which ...
Also, kube-apiserver exposes a histogram vector ofapiserver_request_duration_seconds_bucket. This metric measures the latency for each request to the Kubernetes API server in seconds. Data is divided into different categories, such as verb, group, version, resource, component, and so on. You can...
When designing reports, the main users of such reports we presume are middle managers, such as department heads. Consequently, the main task of this level of information is to analyze data and find possible problems. What’s more, with the help of functions such as drilling down, report anal...
100% Stacked:use it when only paying attention to the partial-whole relationship while the total value of each group is not important How to design it? Use horizontal text labels:Do not use horizontal or vertical lines of text to make sure the labels are easy to read. ...
What is a Chart? How do I use it? A chart is a representation of data in the form of a graph, diagram, map, or tabular format. This could make the other two families, Geospatial and Tables, subfamilies of it. We distinguish between them to help you identify when one works better ...
Part 4: When to Use Pie Charts? A pie chart is most useful when you are attempting to determine the composition of something. When dealing with categorical results, a pie chart is ideal since each slice can represent a different category. Below is an excellent example of apie chart. ...
The bars need to have equal gaps between them as it is representing discrete data. The bars need to be of equal width. The chart needs a title. When bar charts are represented vertically they are sometimes called column charts. Bar charts can also be represented horizontally where the vertica...
Statistics is a branch of mathematics that deals with the study of collecting, analyzing, interpreting, presenting, and organizing data in a particular manner. It is referred to as arriving at conclusions of data with the use of data. Statistics is the p
Although they look the same, bar charts and histograms have one important difference: they plot different types of data. Plot discrete data on a bar chart, and plot continuous data on a histogram What’s the difference between discrete and continuous data?). A bar chart is used for...