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DS GBMS

Descriptive statistics summarize datasets by providing measures of central tendency (like the mean and median) and variability (like variance and standard deviation), as well as information about the distribution of values, outliers, and other properties. This helps analyze the data by answering questions about the variables, formats, types, and samples or populations represented. Descriptive statistics in Excel can be generated using the Data Analysis tool to output summary metrics like the mean, mode, variance, and standard deviation for a selected data range.

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0% found this document useful (0 votes)
18 views4 pages

DS GBMS

Descriptive statistics summarize datasets by providing measures of central tendency (like the mean and median) and variability (like variance and standard deviation), as well as information about the distribution of values, outliers, and other properties. This helps analyze the data by answering questions about the variables, formats, types, and samples or populations represented. Descriptive statistics in Excel can be generated using the Data Analysis tool to output summary metrics like the mean, mode, variance, and standard deviation for a selected data range.

Uploaded by

anuragmzp98
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Descriptive statistics summarize your dataset, painting a

picture of its properties. These properties include various


central tendency and variability measures, distribution
properties, outlier detection, and other information.

Descriptive statistics (using excel"s data analysis tool)

Generally one of the first things to do with new data is to get to know it by
asking some general questions like but not limited to the following:

 What variables are included? What information are we getting?


 What is the format of the variables: string, numeric, etc.?
 What type of variables: categorical, continuous, and discrete?
 Is this sample or population data?

After looking at the data you may want to know

 How many males/females?


 What is the average age?
 How many undergraduate/graduates students?
 What is the average SAT score? It is the same for graduates and
undergraduates?
 Who reads the newspaper more frequently: men or women?

You can start answering some of these questions by looking directly at the
table, for some other questions you may have to do some calculations by
obtaining a set of descriptive statistics. These statistics are a collection of
measurements of two things: location and variability. Location tells you the
central value (the mean is the most common measure of this) of your
variables. Variability refers to the spread of the data from the center value
(i.e. variance, standard deviation). Statistics is basically the study of what
causes such variability.

Locatio Variability
n
Mean Variance
Mode Standard deviation
Median Range
Let"s get some descriptive statistics for this data. In excel go to Tools --
Data Analysis. If you do not see "data analysis" option you need to install it,
go to Tools -- Add-Ins, a window will pop-up and check the
"Analysis ToolPack" option, then press OK. Try running data analysis
again.

To generate descriptive statistics for these scores, execute the following steps.

1. On the Data tab, in the Analysis group, click Data Analysis.

2. Select Descriptive Statistics and click OK.

3. Select the range A2:A15 as the Input Range.

4. Select cell C1 as the Output Range.

5. Make sure Summary statistics is checked.


6. Click OK.

Result:

How do you calculate the mean on Excel?


To find the mean in Excel, you start by typing the syntax =AVERAGE or select
AVERAGE from the formula dropdown menu. Then, you select which cells will be
included in the calculation. For example: Say you will be calculating the mean for
column A, rows two through 20. Your formula will look like this: =AVERAGE(A2:A20).

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