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2.R: Descriptive Statistics (Review)
https://stats.libretexts.org/Courses/Fresno_City_College/Book%3A_Business_Statistics_Customized_(OpenStax)/02%3A_Descriptive_Statistics/2.R%3A_Descriptive_Statistics_(Review)
The first quartile ( $Q_1$ ) is the 25 th percentile,the second quartile ( $Q_2$ or median) is 50 th percentile, and the third quartile ( $Q_3$ ) is the the 75 th percentile. The mean is the best est...The first quartile ( $Q_1$ ) is the 25 th percentile,the second quartile ( $Q_2$ or median) is 50 th percentile, and the third quartile ( $Q_3$ ) is the the 75 th percentile. The mean is the best estimate for the actual data set, but the median is the best measurement when a data set contains several outliers or extreme values. Looking at the distribution of data can reveal a lot about the relationship between the mean, the median, and the mode.
2.R: Descriptive Statistics (Review)
https://stats.libretexts.org/Courses/Fresno_City_College/Introduction_to_Business_Statistics_-_OER_-_Spring_2023/02%3A_Descriptive_Statistics/2.R%3A_Descriptive_Statistics_(Review)
The first quartile ( $Q_1$ ) is the 25 th percentile,the second quartile ( $Q_2$ or median) is 50 th percentile, and the third quartile ( $Q_3$ ) is the the 75 th percentile. The mean is the best est...The first quartile ( $Q_1$ ) is the 25 th percentile,the second quartile ( $Q_2$ or median) is 50 th percentile, and the third quartile ( $Q_3$ ) is the the 75 th percentile. The mean is the best estimate for the actual data set, but the median is the best measurement when a data set contains several outliers or extreme values. Looking at the distribution of data can reveal a lot about the relationship between the mean, the median, and the mode.

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