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Issue:

Business

 

Written by:

John H

 

Date added:

February 5, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 369

 

Was viewed:

6828 times

 

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Essay content:

They reduce large amount of data into a simpler summary and there is risk of distorting the original data or losing important detail. Even with limitations as these, descriptive statistics provide a powerful summary that can enable comparisons across people of other units. To summarise the data we can use graphical (bar chart, XY chart and histogram) and numerical ( averages and standard deviation) methods...
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They are the mean, the median and the mode. The mean is measure that we usually refer to everyday’s life using the word average. Can be defined as the value each item would have if all the values were shared equally among all items. To find the mean we need to add up all the data and divide the total by the number of the values in the data...
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General issues of this essay:
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