How do we measure statistics?
Once we have our sample, it's time to quantify our results. Suppose we wish to generalize the happiness of our employees or we want to figure out whether salaries in the company are very different from person to person.
These are some common ways of measuring our results.
Measures of center
Measures of center are how we define the middle, or center, of a dataset. We do this because sometimes we wish to make generalizations about data values. For example, perhaps we're curious about what the average rainfall in Seattle is or what the median height for European males is. It's a way to generalize a large set of data so that it's easier to convey to someone.
A measure of center is a value in the "middle" of a dataset.
However, ...
Get Principles of Data Science now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.