Discuss the characteristics of the basic descriptive statistics: sample size, mean, and standard devation.

MATLAB: An Introduction with Applications
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Discuss the characteristics of the basic descriptive statistics: sample size, mean, and standard devation.
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Step 1

Characteristics of mean:

  1. Mean represents all the values of the data.
  2. Outliers of the data affects the mean.
  3. The sum of deviations about mean is zero. 
Step 2

Characteristics of standard deviation:

  1. It describes the variation in data.
  2. It measures the spread of data about the mean.
  3. It can never be negative.
  4. It is sensitive to outliers.
  5. The small value of standard deviation tells that the values of data tends to be very close to each other.
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