Chapter 6 Basic Analytics Tools: Describing Data Numerically—Concepts and Computer Analysis - Business Analytics, Volume I [Book]

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Basic Analytics Tools: Describing Data Numerically—Concepts and Computer Analysis

Chapter Highlights

Data Exploration Using Statistics to Summarize Data: Chapter Highlights

Numerical Methods of Describing and Analyzing Data

Measures of Central Tendency

Mean or the Average/Weighted Mean

Comparing Mean, Median, and Mode

Measures of Position: Percentiles and Quartiles

Calculating Percentiles and Quartiles

Measures of Variation

What Does the Variation or Dispersion Tell Us?

Different Measures of Variation or Dispersion

(3) Standard Deviation

(4) Coefficient of Variation

(5) Interquartile Range

Calculating the Sample Variance, s²

Summary of Formulas for Sample and Population

Describing Data: A Case

Different ...

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