Descriptive statistics

Concept and definition

Descriptive statistics

What is Descriptive statistics?

Descriptive statistics is a branch of statistics that focuses on the collection, organisation, analysis and presentation of data. It is used to describe and summarise numerical and categorical data in a clear and concise manner.

Descriptive statistics can be used in artificial intelligence and machine learning to explore and understand a dataset before applying more advanced analysis techniques. Some of the most common descriptive statistics measures are mean, median, mode, standard deviation and range. These measures provide information about the distribution, centrality and variability of the data.

Descriptive statistics can also include the construction of graphs and charts to help visualise data effectively. Some of the most common graphs are histograms, box and whisker plots and scatter plots.

Unlike inferential statistics,which seeks to draw conclusions, descriptive statistics seeks only a simple description of the data.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
How Artificial Intelligence is revolutionizing the retail sector

Artificial intelligence (AI), Machine Learning (ML) and data analytics are rapidly changing and having a major impact on our business.

Read More »
Thermonuclear fusion: Artificial intelligence from the frontiers of science to customer segmentation

Cheap, infinite, safe and clean energy Artificial Intelligence from Thermonuclear Fusion research to sales generation or [...]

Read More »
Where is Big Data applied?

We often wonder where Big Data is applied and we can assume a great relevance of Big Data for business. This explains the great in [....]

Read More »
What is the relationship between Big Data and Machine Learning?

The world is experiencing exponential growth in data generation on an ever-increasing scale. According to IDC (International Data Corp.

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies