Descriptive Statistics
Definition
Descriptive statistics involves organizing, summarizing, and presenting data in a meaningful way to describe its main features.
Analogy
Think of descriptive statistics as creating a snapshot or a summary of your favorite TV show. Just like how you summarize the plot, characters, and key moments to give someone an idea of what the show is about, descriptive statistics summarizes the important aspects of data to provide an overview.
Related terms
Measures of Central Tendency: These are statistical measures that represent the center or average value of a dataset.
Measures of Dispersion: These are statistical measures that describe how spread out or varied the values in a dataset are.
Frequency Distribution: This refers to a table or graph that shows how often different values occur in a dataset.
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