Let's assume you want to analyze the distribution of one variable (univariate analysis), like the height of people, the sum of the value of purchases per user in your online shop, or the number of ...

Get Numerical Summaries Obtain the 5 Number Summary with a Box Plot Determine the Shape and distribution of the data with Histogram & QQ Plot and helps the analyst make decisions to end up with a ...

Creative Commons (CC): This is a Creative Commons license. Attribution (BY): Credit must be given to the creator. Descriptive statistics involves summarizing and organizing data so that they can be ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...