Question

I need a summary of statistics symbols and definitions - where can i find one?

I need a summary of statistics symbols and definitions - where can i find one?

Homework Answers

Answer #1

Since if we talk about summary of statistics of a given raw data then it includes 5 things

1) Minimum value

2) Maximum value

3) 1st quartile

4) 3rd quartile

5) Median

These five values represents the summary of the data i.e about the nature of curve, skewness and kurtosis of the given data.

To find the given value

Firstly arrange the data in ascending order

Middle value is median.

The value which divide the data in 25% and 75% respectively, then first one is 1st quartile and 75% will be 3rd quartile.

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