DATA ANALYSIS

Descriptive Statistics: Data Analysis

Descriptive statistics is crucial before the process of inferential

Photo by NORTHFOLK on Unsplash

Table of contents

1. Introduction
2. Data types
3. Analyzing Quantitative Data
   I. Measures of Center
   II. Measures of Spread
   III. Shape of distribution
   IV. Outliers
4. Descriptive vs. Inferential Statistics
5. Looking Ahead
6. Summary

Introduction

The word “data” is defined as distinct pieces of information. You may think of data as simply numbers on a spreadsheet, but it can come in many forms from text to videos to spreadsheets and databases to images to audio … Utilizing data is the new way of the world. Data is used to understand and improve nearly every facet of our lives, from early disease detection to social networks that allow us to connect and communicate with people around the world. No matter what field you’re in, from insurance and banking to medicine, to education, to agriculture … You can utilize data to make better decisions and accomplish your goals. Running descriptive statistics on your datasets is absolutely crucial before you begin the process of inferential statistics. Many people do not take the…