Summary_Statistics

back to Statistical Theory -- Summarizing Statistical Data

The easiest way to approach this subject is to focus on what we have and what we want to achieve:

We have a set of observations which we want to summarize.

We want to communicate as much as possible as simply as possible.

Statisticians commonly try to express the communality of the observations in a measure of Central Tendency like the Arithmetic Mean and the diversity of the observations in a measure of Statistical Dispersion like the Standard Deviation.

Dick Beldin