How to Calculate Multimode in Python Using the statistics Module (Mode vs Multimode Explained)

Mode represents the single most frequent value in a list, while multimode provides a list of all the values that occur with the highest frequency. In statistical analysis, the mode is a measure of central tendency that identifies the most frequently occurring value in a dataset. However, datasets can sometimes exhibit multiple modes, where two Continue reading

How to Calculate Geometric Mean in Python (statistics.geometric_mean, NumPy, and SciPy Examples)

This guide shows how to calculate geometric mean in Python using the statistics module, NumPy logarithmic method, or SciPy’s gmean function for data analysis tasks. The geometric mean is a measure of central tendency that is useful for dealing with data that has a wide range of values and is often used in finance, biology, Continue reading