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Exploratory Data Analysis (EDA)
A systematic approach to summarizing and understanding the main characteristics of a dataset using graphical and non-graphical methods.
Descriptive Statistics
Statistics that report facts and summarize raw data, including measures like mean, median, mode, and distribution.
Inferential Statistics
Statistics that involve drawing conclusions and making predictions about a population based on a sample.
Uncertainty in Statistics
The degree of doubt or variability in data that affects the reliability of statistical conclusions.
Structured Data
Data that is organized in a defined format, often in rows and columns, allowing for easy access and analysis.
Unstructured Data
Data that doesn’t have a predefined format or structure, making it complex to process and analyze.
Continuous Data
Numerical data that can take on any value in a given range, such as temperature or time.
Discrete Data
Numerical data that can only take specific integer values, like the number of students.
Categorical Data
Data that represents characteristics and can only take on certain values, such as type of vehicle or gender.
Time Series Data
Records successive measurements of a variable over time, used for analysis of trends.
Mean
The average value of a dataset, calculated by summing all values and dividing by the count of values.
Median
The middle value in a dataset when it is ordered from least to greatest.
Mode
The most frequently occurring value in a dataset.
Outlier
An observation that lies far from the other values in a dataset, potentially indicating variability or error.
Central Tendency
A statistical measure that identifies a single score as representative of an entire distribution.
Statistics
The field of study concerned with collecting, analyzing, interpreting, presenting, and organizing data.
Field of Statistics
The practice and techniques used to analyze data to derive insights and inform decisions.
Inferential Drawings
Conclusions made based on observations in descriptive statistics to make predictions about a larger population.
Bias in Data Interpretation
A tendency to favor a particular perspective, which can lead to misinterpretation of data.
Graphical Methods in EDA
Visual techniques used to represent data characteristics and patterns, such as histograms and scatter plots.
Non-Graphical Methods in EDA
Statistical methods that summarize data numerically, like summary statistics and correlation coefficients.