An analyst gave a presentation of his exploratory research to the marketing department of his company. He showed them charts and tables of distributions of each variable in the data, their quantile spread, and their moments. This is an example of interpretation of numbers.

Question

Quizplus · Accepted Answer

The presentation of charts, tables of distributions, quantile spread, and moments of each variable in the data is an example of descriptive statistics, which is about summarizing and understanding the characteristics of a dataset, rather than interpreting the underlying meaning or implications of the numbers.

An Analyst Gave a Presentation of His Exploratory Research to the Marketing