Comprehensive Guide to Descriptive Statistics: Mean, Median, Mode, Variance & Standard Deviation with Examples

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Learn the basics of descriptive statistics in 15 minutes! If you're new to quantitative data analysis, you don't want to miss this. In this lesson, we cover the basics of descriptive statistics, including measures of central tendency such as the mean (average), median and mode - as well as measures of dispersion, such as variance and standard deviation. We also explore skewness to help you understand how data can be shaped. We'll look at tons of examples along the way, so that you can fully understand descriptive stats and approach your analysis with confidence!

OVERVIEW: Descriptive Statistics 101

00:00 Intro
00:20 What are descriptive statistics?
00:57 Examples of descriptive statistics
01:48 Descriptive statistics vs inferential statistics
02:25 Samples and populations
02:30 Why descriptive statistics are so important
03:40 The Big 7 descriptive
04:04 Measures of central tendency
04:20 Mean, median and mode
04:50 Examples of mean, median and mode
06:10 Frequency distributions and bell curves
06:35 Skewness statistics
06:50 Leans and shapes of distributions
08:12 Measures of dispersion
07:30 Understanding dispersion
07:49 How dispersion impacts your interpretation
08:16 Range
08:38 Variance
09:10 Standard deviation
09:40 Examples of range, variance and standard deviation
11:45 Recap of descriptive stats
12:30 Free resources

KEY RESOURCES:

Free Statistics Cheatsheet - https://gradcoach.com/statistics-cheatsheet/
Quant Analysis 101 - https://www.youtube.com/watch?v=EUeQRE5UJpg
Descriptive Stats Video Explainer - https://youtu.be/SplCk-t1BeA
Descriptive Stats 101 - https://gradcoach.com/descriptive-statistics/
Inferential Stats 101 - https://gradcoach.com/inferential-statistics/
Inferential Stats Explainer Video: https://www.youtube.com/watch?v=6E6pB5JFLgM

To learn more about quantitative data analysis, descriptive statistics and inferential statistics, visit the Grad Coach blog - https://gradcoach.com/blog/.

For 1-on-1 help with your descriptive statistics (or any other aspect of your research project), check out out private coaching service - https://gradcoach.com/dissertation-coaching/

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