Question: An e - commerce platform wants to improve its recommendation system by understanding customer behavior. Discuss how you would use measures of central location (
An ecommerce platform wants to improve its recommendation system by understanding customer behavior. Discuss how you would use measures of central location mean median, mode and measures of dispersion range variance, standard deviation to gain insights into customer purchase data. Explain how these statistical techniques can help in making datadriven decisions. How would you handle outliers in this context, and what impact might they have on your analysis?
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