A statistician is examining a dataset of shipping durations. The measure in question highlights the boundary for the initial data point in the range. Which descriptive statistic is being discussed?
Min pinpoints that first entry in the range. Mean calculates an average, median finds the middle, and mode identifies the value occurring most often. These alternatives do not highlight a single boundary point.
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What does 'descriptive statistic' mean?
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Can you explain the difference between Min and Max in a dataset?
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Why are the Mean, Median, and Mode not used to determine boundaries in a dataset?