Characteristics of data in statistics, Basic Statistics

Important Characteristics of Data

  • Center - The representative or average value which indicates where the middle of the data is located.

 

  • Variation - the measure of the amount which the data values vary among themselves.

 

  • Distribution - The nature and shape of the distribution of the data (such as uniform bell-shaped, or skewed).

 

  • Outliers - Sample values which lie very far away from vast majority of the other sample values.

 

  • Time - Changing the characteristics of the data over time.

 

Posted Date: 7/19/2012 8:32:55 AM | Location : United States







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