Descriptive Analysis

Median: number in the middle

• contain outliers

Mode: the most frequent observation

Percentile

“P” or “K”

10th percentile → p = k = 0.10

Quartile

Min = p0

Q1 = p25

Q2 = p50

Q3 = p75

Q4 = p100 or Max

Dispersion: degree of variation in a given variable

Range: Max- Min

Variance : average of the squared differences from the mean, providing insight into the spread of data points

Standard deviation: a measure that quantifies the amount of variation or dispersion in a set of values, indicating how much the individual data points deviate from the mean

Mean absolute deviation: average absolute deviation from this mean

=COUNTA - for categorical functions

=COUNT - for numerical functions

Correlation = 0: No linear relationship