What is the process of describing a data matrix by computing a small number of measures that characterize the dataset?
A) data description
B) small population correction factors
C) data demagnification
D) data characterization
E) data summarization

Question

Quizplus · Accepted Answer

This process is called data summarization, where the goal is to summarize and simplify the dataset by computing a small number of measures (such as mean, median, mode, standard deviation, etc.) that capture the essential features of the data. This helps in understanding and interpreting the data more easily.

What Is the Process of Describing a Data Matrix by Computing