First Moment Business Decision or Measures of Central

Tendency.
It gives the mean, median and mode values of the dataset.
If the mean, median & mode are same then the data has normal distribution
otherwise the distribution is not normal.

MEAN:

Mean is the average of the data and it easily gets influenced by the outliers.

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MEDIAN:

Median is the middle most value of the dataset.

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MODE:

Mode is the most repeated value of the dataset.

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Second Moment Business Decision or Measures of Dispersion
* It contains Variance, Standard Deviation & Range.
* It gives a general idea about the spread of data in the dataset.

VARIANCE:

Variance is the average squared distance of each data point from the mean

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STANDARD DEVIARTION:

Standard deviation is the root of the variance.

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 From the variance and std. Dev we can see the spread of the data, we can confirm
our observation of the central tendency as the data is spread over a high range.
Which means there is large variability and there is a chance of outliers being present

THIRD MOMENT BUSINESS DECISION OR SKEWNESS

Skewness gives the measure of asymmetry in a data.
The types of skewness are as follows:
* Negative skewness or left skewed.
* Positive skewness or right skewed.
* If skewness = 0 then it is normally distributed.

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From skewness we can see that all of them are positively skewed which indicates
majority of the datapoints are on the lower side.

FOURTH MOMENT BUSINESS DECISION OR KURTOSIS

* Kurtosis is the peakedness of the distribution.
* Negative kurtosis implies a wider peak and thinner tails.
* Positive kurtosis implies a narrow peak and wider tails.
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From Kurtosis it shows that it is positive kurtosis which means that the distribution
has more values in the tails and fewer values in the middle than a normal
distribution , which indicates that the data may not be normally distributed.