Member-only story
Descriptive statistics involves organizing and summarizing data to provide a clear and concise understanding. Here’s a list of 100 facts about descriptive statistics:
- Descriptive statistics are used to summarize and describe the main features of a dataset.
- Measures of central tendency, such as mean, median, and mode, provide a central or typical value for a dataset.
- The mean is the arithmetic average of a set of values.
- The median is the middle value in a dataset when it is ordered.
- The mode is the value that occurs most frequently in a dataset.
- Measures of spread, like range and standard deviation, indicate the variability or dispersion of data.
- Range is the difference between the maximum and minimum values in a dataset.
- Standard deviation measures the average distance of data points from the mean.
- Variance is the square of the standard deviation.
- Percentiles divide a dataset into 100 equal parts, helping to identify the position of a particular value.
- Quartiles divide a dataset into four equal parts.
- Skewness measures the asymmetry of a distribution.
- A positively skewed…