What is descriptive statistics?
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Descriptive statistics is a form of statistics used to analyze and describe data. Descriptive statistics uses various procedures and techniques to extract and interpret information from large data sets. These include performing counts, calculating means, creating charts and graphs, and calculating correlation coefficients. Descriptive statistics can help gain a better understanding of the nature of data by helping to identify patterns and trends in the data.