A statistical measure is a value that represents a characteristic of a dataset, providing insights into its distribution, central tendency, or variability. These measures are essential for summarizing data, making comparisons, and drawing conclusions in research and data analysis.

Statistical Measure

statistical measure

characteristic of a dataset

Insights into distribution

Central tendency is a statistical measure that identifies a single value as representative of an entire dataset, providing a summary of the data's center point. The most common measures of central tendency are the mean, median, and mode, each offering different insights into the data's distribution and characteristics.

central tendency

Variability refers to the extent to which data points in a dataset differ from each other and from the central tendency, providing insights into the dispersion and diversity within the data. Understanding variability is crucial for interpreting data distributions, assessing reliability, and making informed decisions based on statistical analyses.

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