Generating Summary Statistics
In the world of data analysis, working with tabular data is a common practice. When analyzing tabular data, we sometimes need to get some quick insights into the patterns and distribution of the data. These quick insights typically provide the foundation for additional exploration and analyses. We refer to these quick insights as summary statistics. Summary statistics are very useful in exploratory data analysis projects because they help us perform some quick inspection of the data we are analyzing.
In this chapter we’re going to cover some common summary statistics used on exploratory data analysis projects. We will cover the following topics in this chapter:
- Analyzing the mean of a dataset
- Checking the median of a dataset
- Identifying the mode of a dataset
- Checking the variance of a dataset
- Identifying the standard deviation of a dataset
- Generating the range of a dataset
- Identifying the percentiles of a dataset...