vault backup: 2023-09-21 10:45:40
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## Percentiles
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## Percentiles
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There are 3 important percentiles:
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There are 3 important percentiles:
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- 50% - median
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- 50% - median
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>[!note]+
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>[!note]+
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>These 3 percentiles allow the creation of box plot graphs. These specific graphs allow the discovery and presentation of outliers.
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>These 3 percentiles allow the creation of box plot graphs. These specific graphs allow the discovery and presentation of outliers.
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## Covariance & Correlation
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## Covariance & Correlation
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>[!hint]+
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>[!hint]+
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>**Covariance** measures the direction of a relationship between two variables, while **correlation** measures the strength of that relationship.
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>**Covariance** measures the direction of a relationship between two variables, while **correlation** measures the strength of that relationship.
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Covariance is hard to interpret, thus correlation is used instead.
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Covariance is hard to interpret, thus correlation is used instead.
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In a dataset, correlations >0.5 are considerable.
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>[!caution] Correlation does not mean causation!
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## Resource links
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## Resource links
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