In descriptive statistics, summary statistics are used to summarize a set of observations, in order to communicate the largest amount as simply as possible. Statisticians commonly try to describe the observations in
- a measure of location, or central tendency, such as the arithmetic mean
- a measure of statistical dispersion like the standard deviation
- a measure of the shape of the distribution like skewness or kurtosis
- if more than one variable is measured, a measure of statistical dependence such as a correlation coefficient
A common collection of order statistics used as summary statistics are the five-number summary, sometimes extended to a seven-number summary, and the associated box plot.
Entries in an analysis of variance table can also be regarded as summary statistics.
Read more about Summary Statistics: See Also
Famous quotes containing the words summary and/or statistics:
“Product of a myriad various minds and contending tongues, compact of obscure and minute association, a language has its own abundant and often recondite laws, in the habitual and summary recognition of which scholarship consists.”
—Walter Pater (18391894)
“Maybe a nation that consumes as much booze and dope as we do and has our kind of divorce statistics should pipe down about character issues. Either that or just go ahead and determine the presidency with three-legged races and pie-eating contests. It would make better TV.”
—P.J. (Patrick Jake)