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Descriptive Statistics

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Can you give me a brief example of how I can routinely use descriptive statistics in the work place. Include a description of work, the way in which I could calculate the statistics and how the statistics are used in a work.

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The solution discusses using descriptive statistics in the work place. The concepts are very well explained and easy to understand. The solution can be followed very easily by anyone who has some understanding of the concepts beforehand. Overall, an excellent response to the question.

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Descriptive statistics are used to describe the basic features of the data such as mean, median, mode, trends etc. They provide simple summaries about the sample. Together with some simple graphical analysis they can provide a good tool as a starting point for quantitative analysis.

I work as a Software Engineer. You would think that being a software engineer I have no use of statistics. However, ...

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