Description: Descriptive statistics are fundamental tools in data analysis that allow summarizing and describing the characteristics of a dataset. Among the most common measures are mean, median, mode, and standard deviation. The arithmetic mean is the average of a set of values, providing a general idea of the central tendency. The median, on the other hand, is the value that divides the dataset into two equal parts, being especially useful in skewed distributions. The mode represents the value that occurs most frequently in the dataset, which can be relevant in contexts where certain outcomes are more common. Finally, the standard deviation measures the dispersion of the data relative to the mean, indicating how spread out the values are in relation to the average. These measures not only help to understand the distribution of data but are also essential for making informed decisions across various disciplines, from economics to psychology. In summary, descriptive statistics are key tools for interpreting data, facilitating the understanding of patterns and trends in the collected information.
