Descriptive Statistics in Quick Overview

Dhiraj Patra
2 min readMar 23, 2023

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Photo by Chris Liverani on Unsplash

Descriptive statistics are used to summarize and describe the characteristics of a dataset. The most common characteristics used in descriptive statistics include:

  1. Measures of central tendency: These are values that describe where the centre of the data is located. The most commonly used measures of central tendency are the mean, median, and mode.
  2. Measures of variability: These are values that describe how spread out the data is. The most commonly used measures of variability are the range, interquartile range, variance, and standard deviation.
  3. Frequency distributions: These are tables or graphs that show the number of times each value or category appears in a dataset.
  4. Skewness: This is a measure of the asymmetry of the dataset. A dataset that is skewed to the right has a long tail to the right, while a dataset that is skewed to the left has a long tail to the left.
  5. Kurtosis: This is a measure of the peakedness or flatness of the dataset. A dataset with high kurtosis is more peaked, while a dataset with low kurtosis is more flat.
  6. Percentiles: These are values that divide a dataset into equal parts. For example, the 50th percentile is the value below which 50% of the data falls.
  7. Correlation: This is a measure of the strength and direction of the relationship between two variables.
  8. Regression analysis: This is a statistical method that is used to examine the relationship between two or more variables. It is used to predict the value of one variable based on the values of other variables.
  9. Hypothesis testing: This is a statistical method that is used to test whether the differences between two or more groups are significant.

These characteristics can be calculated using various software programs like Excel, SPSS, R, etc., and help researchers to gain a better understanding of their data and to draw meaningful conclusions from it.

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Dhiraj Patra
Dhiraj Patra

Written by Dhiraj Patra

AI Strategy, Generative AI, AI & ML Consulting, Product Development, Startup Advisory, Data Architecture, Data Analytics, Executive Mentorship, Value Creation

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