easy5 pts · first answer countsstatisticsdescriptive-statistics
Average of a 0/1 column
A column is_repeat is 1 for repeat buyers and 0 otherwise. Its mean over 5,000 customers is 0.28. What does 0.28 mean?
Discussion 0
Join free to post in the discussion.
Related questions
- Typical income in a skewed datasetData Scientist
- What standard deviation tells youData Scientist
- Median of six numbersData Scientist
- Z-score of an exam resultData Scientist
- Units of varianceData Scientist
- What the central limit theorem saysData Scientist
- Two independent servers both upData Scientist
- Churn rate among mobile usersData Scientist