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Published in:
2024 | OriginalPaper | Chapter
7. Descriptive Statistics
Authors : Dharmaraja Selvamuthu, Dipayan Das
Published in: Introduction to Probability, Statistical Methods, Design of Experiments and Statistical Quality Control
Publisher: Springer Nature Singapore
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Abstract
Statistics is an art of learning from data. One of the tasks to be performed after collecting data from any observed situation, phenomena, or interested variable is to analyze that data to extract some useful information. Statistical analysis is one of the most applied tools in the industry, decision-making, planning, public policy, etc. Many practical applications start from analyzing data, which is the main information source. Given this data, the analyst should be able to use this data to have an idea of what the collected data has to say, either by providing a report of his/her findings or making decisions.