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1 page/β275 words
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APA
Subject:
Business & Marketing
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Essay
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English (U.S.)
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Topic:
Variables in Descriptive Statistics
Essay Instructions:
Describe five descriptive statistics used to explain the basic properties of variables. I have attached some research I found on the internet as an example.
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Variables in Descriptive Statistics
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Descriptive statistics summarize data from samples, and information about samples typically infers about the population characteristics. Descriptive statistics is necessary in explaining basic properties of variables. Descriptive statistics helps to analyze information in a scientific manner and present it in a way that can be easily understood (Comrey & Lee, 2006).
Measures of central tendency are one of the basic properties of variables, and this includes Mean, Median and Mode. The mean refers to the average, median is the middle value in a set of data while the mode is the most common value occurring (Comrey & Lee, 2006).
Measures of variability show the extent to which scores are dispersed from a group; the commonly used statistics are standard deviation, interquartile range, range and variance. The range is the difference between the highest and the lowest score, the interquartile range is the spread of 50% of the scores. Variance shows the dispersion of all the scores fr...
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