Statistical Moments: Mean, Variation, Skewness, Kurtosis

Relying only on averages can hide the real story in your data. In this video, we explain why the mean isn’t enough and show how standard deviation, skewness, and kurtosis reveal hidden patterns, outliers, and risks that averages completely miss. Perfect for anyone learning statistics, data analysis, or data science.

Related Videos
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Bayesian Optimization:    • Bayesian Optimization  
Hyperparameters Tuning: Grid Search vs Random Search:    • Hyperparameters Tuning: Grid Search vs Ran...  
The Kernel Trick:    • The Kernel Trick  
Cross-Entropy - Explained:    • Cross-Entropy - Explained  
Dropout - Explained:    • Dropout in Neural Networks - Explained  
Overfitting vs Underfitting:    • Overfitting vs Underfitting - Explained  
Why Models Overfit and Underfit - The Bias Variance Trade-off:    • Bias-Variance Trade-off - Explained  
Least Squares vs Maximum Likelihood:    • Least Squares vs Maximum Likelihood  
XGBoost Explained in Under 3 Minutes:    • XGBoost Explained in Under 3 Minutes  

Contents
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
00:00 - Intro
00:26 - Example
00:59 - The mean
01:17 - The standard deviation
01:45 - The skewness
02:16 - The kurtosis
03:10 - Outro

Follow Me
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🐦 Twitter: @datamlistic   / datamlistic  
📸 Instagram: @datamlistic   / datamlistic  
📱 TikTok: @datamlistic   / datamlistic  
👔 Linkedin:   / datamlistic  

Channel Support
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
The best way to support the channel is to share the content. ;)

If you'd like to also support the channel financially, donating the price of a coffee is always warmly welcomed! (completely optional and voluntary)
► Patreon:   / datamlistic  
► Bitcoin (BTC): 3C6Pkzyb5CjAUYrJxmpCaaNPVRgRVxxyTq
► Ethereum (ETH): 0x9Ac4eB94386C3e02b96599C05B7a8C71773c9281
► Cardano (ADA): addr1v95rfxlslfzkvd8sr3exkh7st4qmgj4ywf5zcaxgqgdyunsj5juw5
► Tether (USDT): 0xeC261d9b2EE4B6997a6a424067af165BAA4afE1a

#statistics #datascience #analytics #machinelearning