In this step-by-step tutorial, you'll learn the fundamentals of descriptive statistics and how to calculate them in Python. You'll find out how to describe, summarize, and represent your data visually using NumPy, SciPy, pandas, Matplotlib, and the built
Statistics are everywhere. From the news to the classroom, we are constantly surrounded by data that can help us gain a better understanding of any given topic. But exactlywhat is a statistic?In its simplest form, it is a fact or piece of data from a study of a large quantity of numeri...
The personal statement is your opportunity to communicate directly with the Admissions Committee. Applicants are welcome to submit anything that helps tell their story, being mindful and thoughtful about the quantity and quality of information shared. Share information not included elsewhere in your appli...
The Best Language to Use to Describe LocationHere’s a few examples of location language to use instead of just [City, State]:“Remote,”“Virtual,”“Distributed,”“Work at Home,” etc. (these are examples to use to write a job description that can be done anywhere). Fun fact: ...
We show you how to quantify resume achievements in 2025 and give examples of the types of accomplishments you can highlight with hard numbers.
GB is a unit of digital information storage capacity. It is commonly used in technology, computing, programming, and communications. GB is a term you often hear in the tech world. It's a unit of measurement used to describe the amount of digital information that can be stored or transmitted...
If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. The same inverse relationship holds for the demand for goods and services; however, when demand increases ...
This requires additional non-standardized documents in the plant design phase to describe services and process variables. Planning data that are based on formal descriptions such as DEXPI (see above) cannot only describe individual components of a plant but also specify how equipment or functions are...
Real GDP is an economic metric that is used to describe the economic output of a country within a specific year. It reflects the value of all goods and services produced while factoring inflation into its calculation. You may often hear it referred to by other names, such as constant-price...
Total Variable Cost = Total Quantity of Output x Variable Cost Per Unit of Output The variable cost per unit will vary across profits. In general, it can often be specifically calculated as the sum of the types of variable costs discussed below. Variable costs may need to be allocated across...