Intro to Business Analytics
Histograms are graphical representations of the distribution of numerical data, created by dividing data into intervals or bins and counting the number of observations that fall into each bin. This visualization allows for quick insights into the underlying frequency distribution of the dataset, highlighting patterns such as skewness, modality, and potential outliers. Histograms are widely used in data analysis to summarize the central tendency and variability of continuous data, making them essential tools for exploratory analysis and statistical software applications.
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