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Descriptive Statistic

Descriptive statistics of BDA

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Shruti Jatain
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0% found this document useful (0 votes)
6 views

Descriptive Statistic

Descriptive statistics of BDA

Uploaded by

Shruti Jatain
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Descriptive Statistic

What are Descriptive Statistics?


In Descriptive statistics, we are describing our data with the help of various representative
methods using charts, graphs, tables, excel files, etc. In descriptive statistics, we describe
our data in some manner and present it in a meaningful way so that it can be easily
understood.
Most of the time it is performed on small data sets and this analysis helps us a lot to
predict some future trends based on the current findings. Some measures that are used to
describe a data set are measures of central tendency and measures of variability or
dispersion.

Types of Descriptive Statistics


 Measures of Central Tendency
 Measure of Variability
 Measures of Frequency Distribution

Measures of Central Tendency


It represents the whole set of data by a single value. It gives us the location of the central
points. There are three main measures of central tendency:
 Mean
 Mode
 Median

Mean
It is the sum of observations divided by the total number of observations. It is also defined
as average which is the sum divided by count.
where,
 x = Observations
 n = number of terms

Measure of Variability

Measures of variability are also termed measures of dispersion as it helps to gain insights
about the dispersion or the spread of the observations at hand. Some of the measures
which are used to calculate the measures of dispersion in the observations of the
variables are as follows:
 Range
 Variance
 Standard deviation
Range
The range describes the difference between the largest and smallest data point in our
data set. The bigger the range, the more the spread of data and vice versa.
Variance
It is defined as an average squared deviation from the mean. It is calculated by finding the
difference between every data point and the average which is also known as the mean,
squaring them, adding all of them, and then dividing by the number of data points present
in our data set.

where,
 x -> Observation under consideration
 N -> number of terms
 mu -> Mean
Standard Deviation
It is defined as the square root of the variance. It is calculated by finding the Mean, then
subtracting each number from the Mean which is also known as the average, and
squaring the result. Adding all the values and then dividing by the no of terms followed by
the square root.

where,
 x = Observation under consideration
 N = number of terms
 mu = Mean

Measures of Frequency Distribution

Measures of frequency distribution help us gain valuable insights into the distribution and
the characteristics of the dataset. Measures like,
 Count
 Frequency
 Relative Frequency
 Cumulative Frequency

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