Histogram A Term You Need to Know
A histogram is a type of graph that represents the distribution of a set of continuous data. It is used to visualize the frequency or density of the data.
In a histogram, the data is divided into a set of intervals or “bins”, and the height of each bar in the histogram represents the number of data points that fall within that bin. The bins are typically of equal width and are arranged along the x-axis, with the height of each bar represented on the y-axis.
The shape of the histogram can reveal important information about the distribution of the data, such as the skewness, the presence of outliers, and the overall distribution of the data. For example, a histogram with a symmetrical shape indicates that the data is evenly distributed, while a histogram with a skewed shape indicates that the data is skewed in one direction or another.View More Definitions
Subscribe For Free Monthly Reports
Get all our reports the second they are released by subscribing to our mailing list.Sign Up Today